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5 Railroad StreetNorth Canaan, CT 06018MLS Number L10024005

  • Price: $650,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.93% last updated on 2017-08-03

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 6,594Square Feet
  • 0.08Acreage
  • 1937Year Built
  • $80,109Gross annual income

Property is located in the business center of Canaan. Building foundation is poured concrete, basement is full concrete floor, walls are brick & stucco, roof membrane new in 2000, floors are terrazzo tile or hardwood, and are carpeted, oil hot water heat HB Smith furnace with Carlin blower gun, 2.4-4.5 gallons per hour firing range, electrical is combination service units of 120/240 volts, ranging from 60 to 200 amps with circuit breakers. The Phair Building was completely renovated in 1984 and a new membrane roof was installed in 2000 and the chimney was redone all electrical has been up dated with new emergency light through the building including basement. Laundry room is coin operated, the furnace is metered, oil is metered and tenants pay their own.

Driving Directions

Your Local Office

Best & Cavallaro
5 Academy Street
Salisbury CT, 06068

Office: 860-435-2888

More Info

Basic Information

  • Broker NameGiumarro Real Estate
  • List Price$650,000
  • MLS NumberL10024005
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNorth Canaan
  • Gross annual income$80,109
  • Commercial catagoryInvestment, Office, Residential Income, Retail
  • Also for leaseNo

Interior

  • Interior featuresWindow Display

Utilities

  • Heat SystemBaseboard
  • Heating FuelNo Fuel, Oil
  • Water sourcePublic Water Connected
  • Cooling SystemWindow Unit
  • Fuel tank locationAbove Ground
  • Septic approvalNo
  • Electric Amperage200
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$304,080
  • Taxes$8,362
  • Tax YearJuly 2017-June 2018
  • Milrate total27.5

Building

  • FoundationConcrete
  • RoofFlat, Other
  • Year Built1937
  • Building ConstructionBrick, Concrete, Masonry
  • AtticNo
  • Garages
  • FlooringVinyl, Wall-to-Wall Carpet, Wood
  • Garage Parking InfoOn Street Parking
  • Square Feet6,594
  • Restrooms number of7
  • Sqft office3277
  • Stories2
  • Additional space availableNo

Other

  • Lease purchaseNo
  • Purchase optionNo
  • Lease years remaining2
  • Landlord responabilityCommon Area Maintenance, Mechanicals, Roof Maintenance, Trash Service
  • Inventory includedNo
  • SubdividableUnknown
  • Net operating income41991
  • Radon mitigation airUnknown
  • Radon mitigation waterUnknown
  • Space is leasedNo
  • Present useOfffices, Professional Service, Residential
  • Potential useRetail, offices, Residential, Professional Services
  • View Count285

Basic Information

  • Agent ID, GIUMRO

Location

  • CountyLitchfield
  • StateCT
  • Zip06018

Property

  • Acreage0.08
  • Lot DescriptionLevel Lot
  • Parking Spaces
  • FloodzoneNo
  • Road Frontage141
  • Environmental assessmentUnknown
  • SwimmingpoolNo

Amenities

  • Bus serviceYes

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo
Listed by Robert L. Giumarro of Giumarro Real Estate

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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