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Lumber 2 Leather Purchases Industrial Building In Westbrook, CT For $1M

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SOLD
$1,000,000

Connecticut

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Industrial8,000 SF
Sold 10/20/2023
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SOLD

Lumber 2 Leather Purchases Industrial Building In Westbrook, CT For $1M

119 Spencer Plain Road

See Similar Deals
Industrial8,000 SF
Sold 10/20/2023
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Summary

CONNECTICUT
Asset Type:Industrial
Price Per Square Foot:$125
Total Square Footage:8,000 SF
Transaction Type:Sale

Lumber 2 Leather, a baseball and softball training company, recently purchased an 8,000 square foot industrial building located at 119 Spencer Plains Rd in Westbrook, CT. The property was bought for a total of $1 million, resulting in a price per square foot of $125. The acquisition was made with the intention of converting the building into an indoor training facility.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,000,000
  • Square Footage: 8,000 SF
  • Price Per Square Foot: $125
  • Address: 119 Spencer Plains Rd, Westbrook, CT
  • Market: Westbrook, CT

Will Braun, representing O,R&L Commercial, acted as the buyer's representative in this deal, while Sam Lyman, from Lyman Real Estate Brokerage & Development, represented the seller, OSCT, LLC. These professionals played a crucial role in facilitating the transaction and ensuring the smooth transfer of ownership.

Players

2 deals$6M volume(860) 600-4400
BROKER

Details

SOLD
IMAGE: Will Braun & Sam Lyman DATE: 10/20/2023 ADDRESS: 119 Spencer Plains Rd MARKET: Westbrook, CT ASSET TYPE: Industrial SELLER: OSCT, LLC BUYER'S REP: Will Braun - O,R&L Commercial SELLER'S REP: Sam Lyman - Lyman Real Estate Brokerage & Development SALE PRICE: $1,000,000 SF: 8,000 ~ PPSF: $125 NOTE: Lumber 2 Leather, a baseball and softball training company, purchased a 8,000 s/f industrial building at 119 Spencer Plains Rd. for $1 million to convert it into an indoor training facility.

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