Tag: Commercial

Posted on 02/02/2024
Another Property Sold - 130 Bank Street, New London, CT 06320
Prime, waterside property in downtown New London. Four story, brick framed commercial and residential building on the Thames River. Retail space on first floor. Unoccupied second and third floors, could be built out to be beautiful apartments. Basement was a commercial shop. Parking lot for up to 9 cars behind building. Fully gutted and ready to be...
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Posted on 01/31/2024
227 W Town Street, Norwich, CT 06360 now has a new price of $575,000!
Great investment property! 2 buildings totaling 6 apartments, fully leased. NOI is $39,795. 7 CAP with room to increase NOI. Building 1 has 4 apartments with high ceilings, hardwood floors, natural light, washers & dryers or hook-ups, ceiling fans and some with outdoor decks. Building 2 has 2 apartments, 1 studio, 1 two bedroom and one garage. Property is very well maintained and conveniently located near I-395. Please see also MLS...
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Posted on 01/31/2024
131 Boston Post Road, East Lyme, CT 06333 is now new to the market!
1,400 SF of office space available in well maintained retail/office complex in central Flanders Four Corners. Current layout has a reception area, 4 offices, a conference room, break room, closet, and one bathroom. Access to the basement for storage as well. Possibility to combine offices for larger units. Nice, natural light throughout. Ample parking on site. Lease rate is $17.00 PSF NNN. NNN estimated at $5.77. Other tenants in the plaza include a physical therapist, dental group, podiatrist, and consulting services. Great visibility on a high traffic street with easy access to I-95 and downtown...
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Posted on 01/29/2024
36 North Street, Groton, CT 06340 now has a new price of $999,000!
Prime corner with great exposure just off I-95 in Groton located on high traffic street. This property consists of three commercial buildings: one warehouse with high ceilings and two overhead doors; one two-story office building and one building used for storage on 0.56 acres. Property is fenced in for security. In close proximity to Electric Boat, Pfizer and Avery Point. Easy on/off access from I-95. Great opportunity to redevelop the site or for an end...
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Posted on 01/24/2024
37 Tilley Street, New London, CT 06320 is now new to the market!
13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit being renovated. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. Parking behind building and on...
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Posted on 01/24/2024
20 Tilley Street, New London, CT 06320 is now new to the market!
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. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic...
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Posted on 01/10/2024
Another Property Sold - 25 Otis Street, Norwich, CT 06360
Property situated on .22 acres with no driveway. On street parking only. Presently used as an office but in-multi family zone. Roof is old, age unknown. Electricity was updated 4 years ago. Full kitchen with dishwasher. 3 Offices, one with fireplace on first floor. Attic has 3 rooms. Could be an office or bedroom (with approvals). 2nd Floor has 4 rooms (would be bedrooms) one full bath. Historic District. All offers subject to bankruptcy court approval. October 29, 2023 is the final day for...
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Posted on 01/09/2024
305 Route 163, Montville, CT 06353 is now new to the market!
Great business opportunity! 1,700 SF space. Formerly known as "Radgowski's Deli-Mart". Space still has equipment that was used to run the successful deli/market such as multiple coolers, freezers, walk-in freezer and store shelving. Equipment can be left or removed for another type of business. Space also has 1 office and 1 restroom. There are many business possibilities for this space such as food service, market, bakery, exercise studio or office. Great visibility on high traffic count main road. Parking for 6 with options for more parking...
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Posted on 01/06/2024
57 Four Mile River Road, Old Lyme, CT 06371 is now new to the market!
1,200 SF shop space and 420 SF garage space. Overhead door and drive-into 14'x30' space. Heated floor using oil heat. Out door parking for up to 3 vehicles. Direct access to I-95. Ceiling height is 16 feet. Park-like...
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Posted on 12/21/2023
Another Property Sold - 31 Perkins Avenue, Norwich, CT 06360
2-Story building on multi-family zone. Present use classification: Religious M-94, building has no back yard but includes a separate driveway and garage, roof approximately 7 years old, partial kitchen (no oven), 1 1/2 bath and 3 offices. All offers are subject to bankruptcy court approval. Historic District. All offers subject to bankruptcy court...
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Posted on 12/19/2023
27 Bank Street, New London, CT 06320 now has a new price of $1,750!
2 Office/retail spaces in heart of downtown New London. 2,800 SF on street level for $1,750/month. 2,400 SF on lower level for $1,250/month. Great visibility and foot traffic. In close proximity to Amtrak and ferry station. Currently under construction. Tenant responsible for utilities and interior...
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Posted on 11/30/2023
Another Property Sold - 467 Ocean Avenue, New London, CT 06320
7,326 SF commercial building located on 1.07 acres in prime location of New London. In close proximity to Yale New Haven Hospital, Mitchell College and Ocean Beach. 3 Overhead doors. Formerly 'Falvey Motors'. 3,300 SF showroom with great visibility and current tenant in 4,000 SF is month-to-month paying $2,500/month. Ample parking on large lot. Great location to reopen car dealership or repurpose as convenient store, gas station, retail, office, daycare, restaurant or development...
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