Middlebury, CT 06762,100 North Benson Road

$1,300,000

$1,450,000

10.3%
Est.Price: ?

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Est. payment /mo

5,312 SqFt


SOLD DATE : 04/25/2024

Key Details

Sold Price $1,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,312 sqft

Price per Sqft $244

MLS Listing ID 170600317

Sold Date 04/25/24

Year Built 2010

Annual Tax Amount $40,815

Lot Size 10.510 Acres

Property Description

Fantastic business opportunity awaits you to own and operate a highly successful recreational club. Presenting the Edgewood Bath and Tennis Club, complete with a state-of-the-art fitness center, newly installed paddle courts, a playground, basketball courts, 5 tennis courts, 6 pickleball courts, and a beach volleyball area. Situated in the heart of Middlebury, just minutes away from exit 16 on I84, this pristine club spans over 10 acres of commercially zoned land, offering ample room for expansion and the potential for year-round operation. This is a rare chance to acquire a Swim and Tennis Club that boasts an impressive $4 million in capital improvements and has been impeccably maintained throughout the years. Enhance the building's square footage to accommodate additional recreational activities, introduce a seasonal bubble over the tennis courts for winter play, or consider adding a golf simulator to diversify revenue streams. Recent upgrades include resurfaced tennis and pickleball courts, a town permit for winterizing the back three tennis courts, enabling year-round usage, and the acquisition of a liquor license, simplifying event catering. The possibilities are endless for this turn-key business. Explore the option of a 2 to 5-year Lease-to-Buy arrangement with a substantial nonrefundable upfront deposit. Many more details available to make your dream of owning a thriving recreational club a reality.

Location

State CT

County New Haven

Zoning L200

Interior

Interior Features Elevator, Public Restrooms, Security System

Heating Hot Air, Zoned

Cooling Central Air

Exterior

Exterior Feature Lighting, Sidewalk, Underground Utilities

Parking Features Paved

Utilities Available Electric, Cable

Roof Type Asphalt Shingle

Building

Lot Description Some Wetlands, Cleared, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Timothy Drakeley • Drakeley Real Estate, Inc.
Bought with Timothy Drakeley • Drakeley Real Estate, Inc.
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