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24155858
24155857

24-30 School St, East Granby, CT 06026

CL
CT RES.0816126, CT
Febbraio Commercial
Listed by Febbraio Commercial
$1,695,000
352 days on market
Updated 114 days ago

24-30 School St

Details
Property Type Land
Sub Type Commercial, Development Land
Acreage 10.790
Zoning VC (Village Central)

Land | 10.79 acres

Marketing description

The Master Plan for the Village Center in East Granby includes the welcomed up-zoning of the central area to attract investment, create vibrancy, and the demand required to support existing businesses and attract new investments. East Granby is encouraging new development, higher density multi-family housing, both in and near the Village Center.

The 24-30 School Street offering is located at the Rt. 20 node gateway to the developing Village Center. Zoned VC, this highly unique 10.8-acre assembly has roughly 7 acres net of wetlands and setbacks. The anticipated development opportunity will allow multifamily with 2 Br units, not exceeding 50% of the total DU, no units greater than 3 BR, and the 3 Br units not exceeding 25% of the total DU. The height restriction has been raised to 21½ stories or 40 ft. with a maximum coverage ratio of 80%. The Permitted Uses in VC zone also include retail, business offices, banks, and full-service restaurants. Conveniently situated minutes from Bradley International Airport, between Hartford, Connecticut and Springfield, Massachusetts, this site offers a rare opportunity to get into a growing market on the ground floor. Access to public MDC water, East Granby WPCA sewer and natural gas are to the edge of the site.

Investment highlights

  • Frontage: 529’
  • Traffic Count: 17,700 VPD
  • Amenities: Easy access to highways and BDL airport

Listing Contacts

CL
CT RES.0816126, CT
Febbraio Commercial
Listed by Febbraio Commercial

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Additional Information

Name
Christopher Lara
License
RES.0816126
Brokerage
Berkshire Hathaway NE Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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