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28-30 School St 10.93 Acres of Commercial Land Offered at $2,645,268 CAD in East Granby, CT 06026
INVESTMENT HIGHLIGHTS
- Town encourages Apartment development
- Close to village center. Minutes to Bradley International Airport
- City services located at the edge of the property
EXECUTIVE SUMMARY
Prime development property for 109 apartment units. Town is encouraging development of a higher density project which is ideally located near the Village center.
Height restriction: 40 ft. Max coverage ratio: 80%. Other uses in the VC zone include retail, offices, and restaurants.
Height restriction: 40 ft. Max coverage ratio: 80%. Other uses in the VC zone include retail, offices, and restaurants.
PROPERTY FACTS
| Price | $2,645,268 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 10.93 AC |
| Property Type | Land | ||
| Zoning | VC - Village Center - intended to be mixed-use areas, often including commercial, residential, and possibly some office or public uses. | ||
| Price | $2,645,268 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 10.93 AC |
| Zoning | VC - Village Center - intended to be mixed-use areas, often including commercial, residential, and possibly some office or public uses. |
1 LOT AVAILABLE
Lot
| Price | $2,645,268 CAD | Lot Size | 10.93 AC |
| Price Per AC | $242,019.07 CAD |
| Price | $2,645,268 CAD |
| Price Per AC | $242,019.07 CAD |
| Lot Size | 10.93 AC |
Property is 10.93 Acres (net of 7 acres after accounting for wetlands and set backs) with preliminary plans for 109 apartments in four buildings. Sewer, water, gas and electricity located on School Street.
DESCRIPTION
Primarily flat property of 10.93 acres with preliminary plan for 109 apartment units. Property currently has a large commercial building and a barn. Sewer, water, and gas are located at the edge of property.
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28-30 School St
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