Tag: Commercial

Posted on 07/10/2024
101 Water Street, Norwich, CT 06360 now has a new price of $1,950,000!
Opportunity Zone investment property. 34,000 SF, 3 story office building located in the business center of downtown Norwich with views of the Thames River. Building is currently available for use. Former bank space with vault approximately 4,000 SF on first floor. Both finished office space and unfinished space. Elevator from garage to all floors ADA...
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Posted on 07/04/2024
Another Property Sold - 458 Ocean Avenue, New London, CT 06320
Freestanding 996 SF commercial building with 2 drive throughs previously used as a restaurant/cafe. Would make a great take out or drive though restaurant. Located in close proximity to Yale New Haven Hospital, colleges and Ocean Beach. On a highly visible corner with frontage on both Ocean Avenue and School Street. Parking lot for 4 cars as well as on street. Zoned 'Neighborhood Business' for many retail and commercial...
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Posted on 06/25/2024
Another Property Sold - 37 Tilley Street, New London, CT 06320
13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit available, gutted and ready for buildout. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. NOI approximately $70,780. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic...
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Posted on 06/15/2024
430 Chapel Hill Road, Montville, CT 06370 is now new to the market!
19,500 SF prime retail and office space available for lease. Free standing, well maintained building situated on 5.19 acres. 14' High ceilings and 2 loading docks, one in rear, one on side of building. Small kitchen, office and wide open layout floor plan. Great for various...
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Posted on 06/15/2024
841 Route 32, Franklin, CT 06254 is now new to the market!
Commercial building with front office/commercial space and a warehouse with seven Flex units ranging from 1,250 sf to 5,000 SF immediately available for occupancy. Each well-maintained space has separate utilities and 200-anp power to meet all electrical needs. The building is situated on 5.62 acres with C-2 zoning. Plenty of parking...
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Posted on 06/13/2024
229 Boswell Avenue, Norwich, CT 06360 is now new to the market!
Hickory Court consists of two 8,535 SF buildings each with 5 apartments and one home situated on 3.67 acres in close proximity to downtown. Acreage to add up to 21 more units. There is currently 1 unit available. Apartment being fully renovated. Ready to rent February 1, 2024. All units have 3 bedrooms and 2 1/2 baths. Tenants pay electricity, owner pays sewer & water. Close to Backus Hospital, downtown Norwich and...
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Posted on 05/21/2024
Another Property Sold - 501 Ocean Avenue, New London, CT 06320
Beautiful stone masonry 2-story office building for sale (formerly medical). First floor: handicap access, 4 offices, kitchen, handicap bathroom, 2,160 SF. Second floor: 8 offices, furniture is optional, 2,160 SF. Building has split systems for heat and air, new alarm system and parking for 20 cars. Lots of natural light. Great location in close proximity to Yale L&M Hospital, downtown New London and I-95. Also available for Lease: $15.00...
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Posted on 05/14/2024
229 Boswell Avenue, Norwich, CT 06360 now has a new price of $2,500,000!
Hickory Court consists of two 8,535 SF buildings each with 5 apartments and one home situated on 3.67 acres in close proximity to downtown. Acreage to add up to 21 more units. There is currently 1 unit available. Apartment being fully renovated. Ready to rent February 1, 2024. All units have 3 bedrooms and 2 1/2 baths. Tenants pay electricity, owner pays sewer & water. Close to Backus Hospital, downtown Norwich and I-395. Please also see MLS...
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Posted on 05/04/2024
164 Otrobando Avenue, Norwich, CT 06360 is now new to the market!
Modern office space presently built out for medical use with fiber optics and central air. There is 6,500 SF available with 13 exam rooms, 7 private offices, 5 bathrooms, kitchen, reception area and waiting room space could be divided. Parking on site for over 50...
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Posted on 04/26/2024
20 Tilley Street, New London, CT 06320 now has a new price of $850,000!
This 1873 Victorian Guesthouse known as "The Port New London" includes 9 guest rooms and one furnished apartment. There are two shared bathrooms and one half bathroom for guests. The apartment has its own private bathroom and kitchen. Rooms are rented for a 30 day minimum stay. All guests have use of a fully equipped spacious kitchen, dining room, parlor and sitting room. The back yard has a picnic table and gas grill for guest's to use. Room rates vary during the season from $800 to $2,000 per month. Gross annual income is approximately $120,000, NOI is $74,000 (8 CAP). Booking is done through Airbnb.New London and does not require a...
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Posted on 04/04/2024
Another Property Sold - 12 Case Street A6&a7, Norwich, CT 06360
Approximately 1,737 SF professional office space in medical/professional office condo building. This suite is the first office entering the building on the first floor. Last used as a medical office. Furniture available. 5 Exam rooms, 2 bathrooms, 2 offices, kitchen and supply rooms. Condo fee for common area maintenance is $1,288 per month. Owner will consider a lease with option to...
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Posted on 03/29/2024
20 Tilley Street, New London, CT 06320 now has a new price of $950,000!
Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS...
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