Investment Overview
Goman+York Property Advisors, LLC is pleased to present FOR SALE, 53 Manning Road, Enfield, CT, a versatile industrial warehouse including an established indoor self-storage facility.
Location: Strategically located between Hartford, CT and Springfield, MA, with easy access to I-91, I-84, and minutes from Bradley International Airport, facilitating efficient transportation and shipping across the Northeastern and northern Mid-Atlantic regions.
Property Features: Large lot with ample parking and trailer circulation space; 26 loading docks and 2 drive-in doors support logistics, distribution, contractor, and service operations.
Building Layout: Subdividable warehouse floor plan allowing for custom-sized tenant units; and under the same roof, a newer indoor self-storage facility managed by Extra Space Self Storage, with 572 units.
Ownership Options: Self-storage business can be transferred with the property or leased back by the seller under negotiable terms.
Current Tenancy:
Self-Storage = 58% leased (326/574 units + 2 tenants)
Warehouse = 60% leased (102,000SF Available)
Investment Highlights
- Benefits for Investors and Owner-Users:
- Stable income stream from self-storage and warehouse tenants
- Flexibility to customize space for various tenant needs or operational uses
- Strong regional connectivity enhances asset attractiveness and tenant retention
- Potential for continued growth with ongoing lease-up of self-storage units and leasing of warehouse space
- Opportunity to operate self-storage business or generate lease income by leasing back that portion to seller
- This property offers a unique combination of versatility, location, and income potential, making it an excellent opportunity for investors or owner-users seeking a strategic commercial asset.