INVESTORS TAKE NOTICE POTENTIAL FOR MORE APARTMENTS OR COMMERICAL SPACE FOR OFFICES OR RETAIL and own a piece of history located in Centerbrook on .74 Acre on Falls River waterfront. Originally built in 1858 for the production of ivory goods then in 1888 sold and became a manufacturing haven for brushes of various types. In the 19th century it became a wood turning shop. The business was sold in about 1934 to the Empire Brush Company and in about 1939-1940 it was sold and the new owners manufactured kitchen cabinets. Over the years additions were made to the original property. Now there are 5-7 units comprised of residential and commercial uses. Two apartments and 5 office/retail spaces totaling 7,300 sq. ft. This unique property known as "The Brush Factory" boasts a wide variety of opportunity to the investor looking for old world charm with new ideas or to an owner that would like a great place to live with waterfall views and great rental income.
The median home value in Essex, CT is $692,500. This is higher than the county median home value of $369,500. The national median home value is $338,100. The average price of homes sold in Essex, CT is $692,500. Approximately 67.73% of Essex homes are owned, compared to 20.83% rented, while 11.44% are vacant. Essex real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Essex real estate agent to arrange a tour today!
Essex, Connecticut has a population of 6,725. Essex is less family-centric than the surrounding county with 23.73% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Essex, Connecticut is $91,618. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Essex is 53.5 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 48 inches per year, with 26.5 inches of snow per year.