28-30 School Street

East Granby, Connecticut 06026

Status
For Sale
Square Feet
10,664
Beds
Price
$2,888,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24005485

Price

$2,888,000

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Interior Details

Interior Size
10,664 Sq Ft
Bedrooms
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
10.79 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer In Street,Septic
Construction
Construction
Cooling
Central Air

Other Information

Property Tax
$27,679
Assessed Value
$762,500
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

The Master Plan for the Village Center in East Granby includes the welcomed up-zoning of the central area to attract investment, create vibrancy, and the demand required to support existing businesses and attract new investments. East Granby is encouraging new development, higher density multi-family housing, both in and near the Village Center. The 24-30 School Street offering is located at the Rt. 20 node gateway to the developing Village Center. Zoned VC, this highly unique 10.8-acre assembly has roughly 7 acres net of wetlands and setbacks. The anticipated development opportunity will allow multifamily with 2 Br units, not exceeding 50% of the total DU, no units greater than 3 BR, and the 3 Br units not exceeding 25% of the total DU. The height restriction has been raised to 2 1/2 stories or 40 ft. with a maximum coverage ratio of 80%. The Permitted Uses in VC zone also include retail, business offices, banks, and full-service restaurants. Conveniently situated minutes from Bradley International Airport, between Hartford, Connecticut and Springfield, Massachusetts, this site offers a rare opportunity to get into a growing market on the ground floor. Access to public MDC water, East Granby WPCA sewer and natural gas are to the edge of the site.
Listed by Berkshire Hathaway NE Prop., Nancy Reardon. Data sourced from SmartMLS

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