Property Highlights

Commercial CTEC lot with town water
Flat, open 118x210 lot size
Subdividable land parcel
Utilities at street: cable, electric
Ideal for raw land leasing
Potential for future development

Overview

Commercial CTEC lot. Currently leased until September 30, 2027 with 2, 1 year extensions. Lease has excellent cash flow, making it ideal for an investor who wants to continue to lease it as raw land or recognizes the value for future development. Utilities; town water, (sewer is at 9-11 Nancy Ann) cable and electric are available at the street. The lot is 118x210, is flat and open and is subdividable. CTEC allows for 40% ground cover. There are no structures on the property. The current tenant uses it to store construction equipment and material.

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