465 Hills Street East Hartford, CT $ 699,000
465 Hills Street
$ 699,000

465 Hills Street East Hartford, CT, 06118

$ 699,000
Bedrooms Baths2.0 Sq 2,292

Monthly Estimate*

$ 2,710

How much can I afford?
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Commercial Property for sale in East Hartford, CT

for $699,000 with 2 full baths. This 2,292 square foot building was built in 1940 on a lot size of 11.9400 Acre(s).

The Krause Estate owns this 11.94 Acre property which operated as a commercial catering kitchen and a viable business for over 60 years. There is a well maintained Colonial home complete with mudroom, a fenced inground pool, a straight-then circular paved driveway that wraps around a wooden gazebo, 3 car detached garage, Commercial Outbuilding with loading dock and walkin refrigeration box, Hood with Fire Suppression, gas equipment and commercial refrigeration, a Horse Barn and Large Barn for storage. There is potential to subdivide property to make room for 3-4 home lots (easy approval to build road from Eagle Court with a budget for a road and survey - 70 ft frontage needed and 40 ft set backs required). There is an easement on property with Cell Phone Tower which may be available for an additional $360, 000 upon list price which pays monthly lease. This property is zoned R2 and the variance may be changed to accommodate a varying business that is non intrusive to the neighborhood such as a landscaper with trucks or home business in need of a commercial outbuilding, storage and lots of land / space. (Town Application and Approvals for any new business is required). Sale & Transfer Subject to Trustee Approval (Refer to Residential Listing 01) Survey/ new plot plan is needed for necessary approvals from town to subdivide property for lots in far rear of paracel. Proper frontage for each lot of 70 ft needed as well as 40 ft set backs. Application approval and development of subdivision road is necessary from Eagle Court road. This property is nearly 12 acres and cell phone tower company already has easement coming from Eagle Court. Any new home/ business owner who desires a horse and will give it a great home where it knows is home may be given the honor of having it remain on the property it loves. Property has been used to grow vegetation and is robust green. Property has been well maintained by the Krause Family and the heirs since before the opening of their Catering Company in 1954. There is potential to carry on the Krause name for purpose of catering to a well deserving suitable experienced caterer with a background of elegance and skill. (note: Krause Caterers Retired 4/1/18 which served hundreds of clients including Bushnell, Wadsworth, Wickham Park and other numerouse outdoor venues. It is equipped with all the smallwares necessary and will require an additional offer above list price).

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Commercial Active

Price

$ 699,000

Full Bath

2

Property Type

Commercial

Taxes

$ 20,381

Style

Investment

Lot Size

11.9400 Acre(s)

Year Built

1940

Town/City

East Hartford

MLS | Web ID

170125533

Features
Interior
Cooling System Window Unit(s)
Flooring Vinyl Tile
Interior Public Restroom Security System
Sewer Public Sewer
Water Source Connected
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Exterior
Exterior Storage / Out Building / Shed
Foundation Brick Stone
Garage Detached
Lot Description Level/Flat Other Wetlands
Parking 1-20 Parking Spaces
Road Frontage Paved
Roof Asphalt Shingles
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Miscellaneous
Commercial Fire System Overhead Door(s)
Documents Brochure
Location Docks Suburban
Utilities Gas Phone
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* Excluded Features
List By
Jen Swerdlick

Listing Agent

Michael A. Fine

Broker


Affordability

$ 4,409 per month
Get Pre-Approved
Monthly Principal & Interest
$2,710
Monthly Property Taxes
$1,698
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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465 Hills Street, East Hartford, CT, 06118 is a Commercial Property for sale at $699,000 with 2,292 sqft and a lot size of 11.9400 Acre(s). 465 Hills Street has 2.0 baths and was built in 1940. The property's zip code is 06118 which is in East Hartford, CT