Mixed Use Property For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30427908
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 2,644 SF
Gross Land Area: 0.52 Acres
Sale Price: $228,000
Unit Price: $86.23 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Ed Roy's Floor Covering shop & house
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/20/2019

Overview / Comments

Existing non-conforming former flooring company with showroom office and warehouse. Well maintained on busy road behind Planet Fitness. Comes with well-kept 1 family home. Good place for contractor with rental income potential. Commercial building 1,626sf and 2BR house on corner of Butler Court and Willetts. Zone R-20. For Sale $228,000.

PERMITTED USES: One family, Place of worship…

BY SPECIAL PERMIT: Private School, Medical Clinic, Medical service or lab, other commercial uses “no more intense” than previous use…

DIRECTIONS: Take Colman St. to Bank St. Turn right onto Bank St., then left onto Beckwith St. Turn right onto Willetts Ave. On left.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Waterford
Tax ID/APN: 0859500
Zoning: R-20
Retail Clientele: General, Family, Business
Property Visibility: Good
Largest Nearby Street: Boston Post Rd.
Feet of Frontage: 220
Traffic/Vehicle Count: 10,600
Highway Access: I-95 3.3 miles
Airports: Groton / New London 8.7 miles
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Average
Year Built: 1930
Total Parking Spaces: 8
Parking Description: Parking lot
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: R-20
Lot Frontage: 220
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,840 55,843 78,155
Median Age: 37.67 35.22 36.65
Households: 6,090 21,960 30,507

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