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Individual Members Society of Industrial and Office Realtors 719 Post Road East, Westport, CT 06880 Phone: (203) 226-7101 www.vidalwettenstein.com Building for Sale - 726 River Road, Shelton, Connecticut 24,000 total, Office is 3,300 sf /production is 21,000± sf Building: Single Story block & steel structure Land: 3.52 acres Parking: 65 spaces± Clear Height: 12’ under the truss Sprinklered: yes, wet system Sale Price: $2,300,000 Reduced $1,900,000 Layout: The Property overlooks the Housatonic River. The present use is for manufacturing however the site is ideal for a residential development. For additional information please contact Bruce Wettenstein, SIOR (203) 226-7101 (ext.2) or email [email protected] All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, and property sale and withdrawal notice.

Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

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Page 1: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

Individual Members Society of Industrial and Office Realtors

719 Post Road East, Westport, CT 06880 Phone: (203) 226-7101

www.vidalwettenstein.com

Building for Sale - 726 River Road, Shelton, Connecticut

24,000 total, Office is 3,300 sf /production is 21,000± sf Building: Single Story block & steel structure Land: 3.52 acres Parking: 65 spaces± Clear Height: 12’ under the truss Sprinklered: yes, wet system Sale Price: $2,300,000 Reduced $1,900,000 Layout: The Property overlooks the Housatonic River. The present use is for manufacturing however the site is ideal for a residential development.

For additional information please contact Bruce Wettenstein, SIOR

(203) 226-7101 (ext.2) or email [email protected]

All information from sources deemed reliable and is submitted subject to errors, omissions, change of price, rental, and property sale and withdrawal notice.

Page 2: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita
Page 3: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

Individual Members Society of Industrial and Office

719 Post Road East, Westport, CT 06880 Phone: (203) 226-7101

www.vidalwettenstein.com

AIR COMPRESSOR: Air lines in the production area, Van Air air dryer to remain COLUMN SPACE: 40’ o.c., minimal FLOOR LOAD: Concrete ELECTRICAL: AMPS: 400 VOLTS: 208/480 PHASE:3 4 wire

Square D & GE Copper bus ducts with pony tail drops in production area.

Step down transformer in the Rolling area, 480 volt reduced to 220 volt Dual power feeds to the Pollution control building. LOADING: 2 loading docks, 10’x10’ and a drive in door HIGHWAY: 1.7 miles to the Wilbur Cross and Merritt Parkway 3 miles to Route 8, and 5 miles to I-95 ZONING: IA-2, Light Industrial TAXES: $18,381 per year OCCUPANCY: Negotiable PRICE: $1,900,000. COMMENTS: The Property overlooks the Housatonic River. The present use is for

Manufacturing. Please contact: Bruce Wettenstein, SIOR at 203-226-7101 #2 or [email protected] Although this information is obtained from sources deemed reliable, Vidal/Wettenstein, LLC does not warrant the accuracy of this information.

Page 4: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita
Page 5: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

Individual Members Society of Industrial and Office

719 Post Road East, Westport, CT 06880 Phone: (203) 226-7101

www.vidalwettenstein.com

726 River Road, Shelton, CT

Housatonic River

726 River Road

Page 6: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

Individual Members Society of Industrial and Office

719 Post Road East, Westport, CT 06880 Phone: (203) 226-7101

www.vidalwettenstein.com

726 River Road, Shelton, CT

Housatonic River

726 River Road

Page 7: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita
Page 8: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita
Page 9: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

38,101

39,06139,64140,091

0.1%

882,567905,342918,892940,616

0.3%

3,405,5653,545,8373,572,2133,690,997

0.4%

311,297

6261,468

4,845737

15,019 332,968 1,360,184

36,647813

281,146

2,529

699,87099,871

1,43943,203

155,557

2,802,217355,660

8,531139,827

480,185

Town County StateWhiteBlackAsian PacificNative American

Hispanic (any race)

Town County State

Land Area (sq. miles)

Persons Age 25 or OlderHigh School GraduateAssociates DegreeBachelors or Higher

Town State% %

4.4%

Brennan Realty Llc

BIC Corp

Prudential Financial

Pitney Bowes Inc

Super Stop & Shop

Robert Scinto $226,640,670Pitney Bowes Inc $45,525,790United Illuminating $44,170,600Aquarion Water Co $37,075,300Health New of Califorina Real Estate $33,395,800

10.0%

Demographics

8.8%

Amount

8,709 30%2,368 8%

10,347 36%

677,253 28%177,531 7%879,089 36%

% of Net

45 40 40

$4,514,471,490

5.0%1.0%1.0%0.8%0.7%

$83,755 $82,614 $69,519

Population (2012)

Pop./ Sq. Mile (2012)

Med HH Inc. (2012)Households (2012)Median Age (2012)

Race/Ethnicity (2012)

Poverty Rate (2012)

Educational Attainment (2012)

Business Profile (2013) Top Five Grand List (2013)

Net Grand List (2013)

Major Employers (2014)

2012

'12-'20 Growth / Yr

2020

54 Hill StreetTown Hall

(203) 924-1555

Fairfield CountyLMA Bridgeport - StamfordValley Economic Dev. RegionValley Planning Area

Belongs to

Incorporated in 1789

Shelton, CT 06484

Economics

Education

5,548

21.1 22.123.1 25.4

18.9

Total Town School Enrollment

Average Class Size

Grade K Grade 2Grade 5 Grade 7

High School

Town

500

510

74 63 89 76 84 7572 67 86 72 80 6777 67 79 65 NA 65

Average SAT Score

Reading

Math

Connecticut Mastery Test Percent Above Goal

MathWriting

Grade 4 Grade 6 Grade 8Town State Town State Town State

Elementary: 3.1Middle: 1.9Secondary: 2.6

2010-2011 School Year

Most public school students in Shelton attend Shelton School District, which has 5,286 students.

For more education data see:

State

4.12.72.9

Town State502

506

Students per Computer Town State

Reading

www.cerc.com

CERC Town Profile 2014Shelton, Connecticut

Town Profiles October, 2014. Page 1

1,007 74,509 265,978Other/Multi-Race

No representation or warranties, expressed or implied, are given regarding the accuracy of this information.

494Writing 506

20002010

548,313

http://sdeportal.ct.gov/Cedar/WEB/ResearchandReports/SSPReports.aspx

MaleFemaleCounty TotalState Total

0-4 5-17 18-24 25-49 50-64 65+ Total18,8522% 3,027 1,269 6,309 4,339 3,02388520,7892% 3,306 1,480 6,451 4,692 4,088772

6% 18% 8% 34% 20% 14%6% 17% 9% 33% 20% 14%

8%8%

3%4%

16%16%

11%12%

8%10%

918,89256,435 169,978 73,098 314,538 179,794 125,0493,572,213200,031 612,181 328,661 1,194,793 726,725 509,822

Age Distribution (2012)

Sector Units Employment

Total - All Industries 22,0501,306

23 Construction 462106

31 Manufacturing 4,28673

44 Retail Trade 1,82795

54 Prof, Scientific, and Technical Svcs 1,716189

56 Admin,Waste Mgmt, Remediation 2,52694

62 Health Care and Social Assistance 2,677110

Total Government 1,22220

Page 10: Building for Sale - 726 River Road, Shelton, Connecticut › d2 › awi1Hmfkv2iiA3Gn4DnEoYnkymiA… · 7.8% 413,404 1,640,223 4,286 163,828 Public Web Computers Circulation per Capita

Mayor-Board of AldermenGovernment Form:

Tax RevenueNon-tax Revenue

Intergovernmental

As % of State Average

EducationOther

As % of ExpendituresPer CapitaAs % of State Average

As % of Expenditures

As % of State Average

$116,364,658$97,299,584$19,065,074$15,116,799

$2,45595.1%

$113,998,176$71,812,630$42,185,546

$59,375,00052.1%

$1,49866.4%

$11,080,7799.7%

Per Capita $163,106$6,465,685,754

113%

Aa218.5715.09

Total Units% Single Unit

As % Existing Units

Median Price

Town County State

Number of SalesLess than $100,000$100,000-$199,999$200,000-$299,999$300,000-$399,999$400,000 or More

NANANANANANA

3923,2053,4942,0864,670

Town County State

Labor Force

Employed

Unemployed

Unemployment Rate

Total Employment

Mfg Employment

Town County StateCommuters into Town from: Town Residents Commuting to:22,492

20,920

1,572

7.0%

471,992

438,621

33,371

7.1%

1,859,934

1,715,398

144,536

7.8%

413,404 1,640,223

4,286 163,828

Public Web Computers

Circulation per Capita

Distance to Major Cities

Hartford

Boston

New York City

Providence

Residential UtilitiesElectric Provider

Gas Provider

Water Provider

Cable ProviderComcast Seymour(800) 266-2278

Aquarion Water Company(800) 732-9678

Yankee Gas Company(800) 989-0900

The United Illuminating Co.(800) 257-0141

40

131

60

96

15

6

1,138 2,433

Town

16.3%

-0.3% 0.2%

7 386 955

NA $570,000 $291,00019.1% 29.7% 30.2%

57338511564

3,015

4,485 13,847

299

1.89%

2,138

0.59%

4,669

0.31%

15,858 360,692 1,485,44580.0% 64.4% 64.6%

Miles

Total Revenue (2012)

Per Capita Tax (2012)

Total Expenditures (2012)

Total Indebtness (2012)

Annual Debt Service (2012)

Eq. Net Grand List (2010)

Moody's Bond Rating (2012)Actual Mill Rate (2012)Equalized Mill Rate (2012)% of Grand List Com/Ind (2010)

Housing Stock (2012)

New Permits Auth. (2012)

Demolitions (2012)

House Sales (2011)

Distribution of House Sales (2011)

Place of Residence (2013)

Crime Rate (2012)

Library (2013)

Per 100,000 Residents

2000-'13 AAGR

www.cerc.com No representation or warranties, expressed or implied, are given regarding the accuracy of this information.

SheltonConnecticut

Government

Housing/Real Estate

Labor Force

Other Information

Town Profiles October, 2014. Page 2

Connecticut Commuters (2011)

Built Pre 1950 share (2012)

Place of Work (2013)

As % Total Dwellings12,353 232,128 929,560

440 31,049 161,379

Owner Occupied Dwellings (2012)78% 64% 63%

Subsidized Housing (2012)

1,306 33,728 113,697Units

35,961

22,050

0.3%

State

Temporary Assistance

Food Stamps

134

1,878

Families Receiving (2014)

Population Receiving (2014)

Shelton 3,335

Bridgeport 2,343

Stratford 1,595

Trumbull 984

New Haven 944

Fairfield 906

Milford 888

Stamford 848

Norwalk 817

Shelton 3,335

Bridgeport 1,998

Stratford 1,307

Milford 1,082

Trumbull 868

Ansonia 761

Seymour 734

Derby 604

Fairfield 586