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Surf Avenue Portfolio

5 Land Properties Offered at £1,046,362 in Stratford, CT

Investment Highlights

  • Price Reduced from $1,400,000 to $1,300,000.
  • Portfolio includes five properties in a Light Industrial District ideal for commercial development.
  • Boasts 381 feet of road frontage on Surf Avenue for maximum exposure.
  • 1.14 acres located in a Designated Opportunity Zone, potential for significant tax benefits.
  • Just off I-95 Exit 30, close to key establishments including Amazon and FedEx.
  • Close to Coastal Link Bus Stop and Sikorsky Memorial Airport.

Executive Summary

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to announce a price reduction on the Surf Avenue Portfolio in Stratford, CT. The price has been reduced from $1,400,000 to $1,300,000. This portfolio presents an outstanding commercial development opportunity on 1.14 acres with highway visibility. Located in a Designated Opportunity Zone, the purchaser of this portfolio may be eligible for significant capital gains tax benefits.
Comprised of five adjacent properties in a Light Industrial District (MA) Zone, the Surf Avenue portfolio includes three parcels of vacant land and two parcels that have building structures in need of demolition: a 3,305 SF warehouse and a 1,200 SF garage at 348 Surf Avenue, and a 1,064 SF residential home at 376 Surf Avenue.
Conveniently situated just off the I-95 Exit 30 ramp, this portfolio boasts an impressive 381 linear feet of frontage along Surf Avenue. Its strategic location provides excellent accessibility and is further enhanced by its proximity to key establishments such as the FedEx Ship Center, UPS, Dunkin', Raymour & Flanigan Distribution Center, and the Amazon Delivery Station.
Thanks to its close proximity to major thoroughfares, transportation and logistics flow effortlessly in this area. The Coastal Link Bus Stop located at Stratford Avenue and Surf Avenue is only 0.6 miles away, offering convenient public transportation options. Additionally, Sikorsky Memorial Airport is a mere 2.1 miles away, providing easy access to air travel.
Don't miss your chance to acquire this promising portfolio and unlock its full potential for future development.
For more information, please contact Jon Angel, President, Angel Commercial, LLC, at (203) 335-6600, Ext. 21.

Property Facts

Price £1,046,362
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Land Area 1.14 AC

Properties

Property Name / Address Property Type Land AC Land SF Individual Price
Surf Ave, Stratford, CT 06615 Land 0.09 AC 3,920 SF -
Surf Ave, Stratford, CT 06615 Land 0.23 AC 10,019 SF -
Charles St, Stratford, CT 06615 Land 0.22 AC 9,583 SF -
348 Surf Ave, Stratford, CT 06615 Land 0.49 AC 21,344 SF -
376 Surf Ave, Stratford, CT 06615 Land 0.11 AC 4,792 SF -
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  • Listing ID: 29145650

  • Date on Market: 31/07/2023

  • Last Updated:

  • Address: Surf Avenue Portfolio, Stratford, CT

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