$225,000

About This Property

rice stated is starting bid at auction on 8-12. 453 New Park Avenue is a fully occupied industrial/manufacturing/warehouse in affluent West Hartford, Connecticut. The asset is perfectly suited for many potential uses, including repurposing for retail use as it is located adjacent to many national retailers. The property is currently fully occupied by a furniture company that has been in the building for 30+ years and uses the entire 10,084 square feet. Upon sale, the current owner will lease back the property for one year $100K, triple-net lease. Built in 1948 and maintained over the years, this asset is the perfect opportunity for an owner/user of industrial or retail use. The entire square footage is spread out across one story with a 0.36-acre lot. The property comes equipped with heavy power, high ceilings, and two loading dock doors directly off Exit 45 with excellent visibility and access.