Auction! Prime Retail Development Opportunity

Description

The property is a 4.11± acre development site located at the intersection of I-291 and Route 5 in South Windsor, CT. With great visibility and access to all major roads, the property enjoys over 21,800 cars per day. The site can accommodate many possible uses such as retail, mixed use with residential, commercial, restaurants and hotel development. Neighbourhood retailers include Between Rounds, Subway, Rite Aid Pharmacy, McDonalds, CubeSmart, Family Dollar, Bank of America and more.  This property is also across the street from the planned CT Studio project.  Located directly off Exit 4, Interstate I-291 at the Route 5 Interchange.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $25,000 deposit needs to be wired to the escrow account at least 24 hours before auction begins.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

Drive By

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: $25,000 deposit needs to be wired to the escrow account at least 24 hours before auction begins.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Drive By

Auction Info:

  • Sold
  • Property Type
    Mixed Use: Land
  • Property Location
    95 John Fitch Blvd.
    South Windsor, CT 06074
  • Auction Location
    On-Line

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Jeremy Sandel