Property Information 00 LITCHFIELD Road
- Zip Code06791
- WaterWell Required
- SewerSeptic Required
- High SchoolRegional District 10
- Estimated Taxes$2, 079
- Assesment$74, 790
PRIME LOCATION BORDERING ROUTE 8 EXIT RAMP #42 AND COMMUTER PARKING LOT ALONG ROUTE #118. COMMERCIAL / RETAIL SITE COMPRISING OF 5.2 +/- ACRES. THIS SITE IS AVAILABLE UNDER A LONG-TERM "GROUND-LEASE" AT AN INITIAL LEASE RATE OF $5,000.00 PER MONTH OVER THE FIRST 10 YEARS OF A 25 YEAR TERM. GROUND-LEASE RATE IN YEAR NUMBER 11 IS $6,000.00 PER MONTH PLUS MODEST ANNUAL INCREASES IN EACH ADDITIONAL YEAR. SLOPING SITE. CREATIVITY NEEDED HERE, BUT HAS POTENTIAL GIVEN THE LOCATION. NO SEWER OR WATER. ANY DEVELOPMENT WOULD REQUIRE WELL & SEPTIC
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Listing courtesy of: MARSHALL COHEN, Cohen Agency
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