VIEW 12 PHOTOS

284 Racebrook Road

Orange, CT 06477

$2,200,000 PRICE
28,024 Sqft
1.77 Acres
1966 Built
$79 Price/Sqft

Introducing an investment opportunity (or for those end-users, let your tenants cover your mortgage while you enjoy the benefits of property ownership) to acquire a nearly fully leased office complex in the scenic Indian Hill neighborhood of Orange, CT. This multi-tenant property features three separate buildings and includes a spacious parking lot with serene pond views. Investment Highlights: Prime 1.77-acre mixed-use development site near Route 1, available for $2.2M. Includes three buildings totaling 40, 240 square feet, home to Racebrook offices. Excellent accessibility: just 1 mile from I-95 and close to Merritt Parkway. Surrounded by major retailers such as Home Depot, Walmart, and Costco. Parking capacity for over 60 vehicles.

Additional Information

ADDITIONAL INFORMATION

ACRES: 1.77
AREA TYPE: Highway Access, Office Park, Shopping Mall, Retail Corridor
GARAGE: Paved, Off Street Parking, Driveway
GROSS EXPENSES: 99034
GROSS INCOME: 192000
HANDICAP FEATURES: Handicap Parking, Ramps
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 28,024
NEIGHBORHOOD: Indian Hill
PRESENT USE: Mixed use, commercial and other
PROPERTY TAX: $25,584
ROAD FRONTAGE DESCRIPTION: Municipal Street, Paved Road
SEWER: Public Sewer Connected
TAX AMOUNT: $25,584
UNIT COUNT: 26
UTILITIES AVAILABLE: Electric, Gas, Telephone, Cable
YEAR BUILT: 1966
ZONING: C-1

AMENITIES

INTERIOR FEATURES

AIR CONDITIONING: Central Air, Zoned
COOLING: Central Air, Zoned
FURNACE TYPE: Natural Gas
HEAT: Natural Gas
HEAT FUEL: Natural Gas
LIVING SQFT SOURCE: Public Records
STORIES: 2

EXTERIOR FEATURES

# OF DOCKS: 2
EXTERIOR FEATURES: Doors - 10-15 ft,Awnings,Pole Sign
ROOF: Asphalt Shingle, Metal

Mortgage Calculator

Mortgage Term

Years

Interest Rate

%/Year

Principal Amount

in US Dollars

Down Payment

Amortization

Years

Your Estimated Payment

-- Monthly Payment

Down Payment
Required --
Mortgage
Principal --
Still Owing at the
End of Term --

Location for 284 Racebrook Road, Orange, CT

Request More Info

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.

By clicking Send Message, I agree a Sotheby's International Realty Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy

Community

Orange

Shoreline, Connecticut

The former farming community of Orange is cherished by residents for its rural, small-town New England charm. It offers a wide range of community services, a school system known for its academics and athletics,...

Market Stats for Orange, Connecticut

An exclusive report that informs you of residential real estate sales activity and trends in Orange, Connecticut.

Request More Info for 284 Racebrook Road, Orange, CT

William Pitt Sotheby's International Realty