REDUCED! Service / Retail Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30397242
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Other
Building Size (RSF): 4,170 SF
Gross Land Area: 0.19 Acres
Sale Price: $124,900
Unit Price: $29.95 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/21/2019

Overview / Comments

Retail/Service building. 2,400sf on 1st floor and 1,770sf+/- Warehouse space on 2nd floor. Appropriate property for contractor. Wide open area with back room. Only half mile to I-95. Located on highly visible Broad Street.
Great space for Contractors with broad zoning. Good condition. For Sale @ $124,900.

PERMITTED USES: Retail, Service, Office, Indoor Rec / School, Tattoo parlor, Restaurant…

BY SPECIAL PERMIT: Private club, Wholesale, Recording studio, Art studio, Night club, Self-storage, Storage…

DIRECTIONS: From Colman Street, go south on Broad Street. About 0.28 miles on right.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: New London
Tax ID/APN: 6306
Zoning: C-1 COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: I-95 and Downtown New London
Property Visibility: Good
Largest Nearby Street: Colman Street
Feet of Frontage: 50
Traffic/Vehicle Count: 8,100
Highway Access: I-95 0.5 mile
Airports: Groton / New London 6.7 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1960
Heat Type: Natural Gas
Heat Source: Baseboard
Zoning Description: Commercial
Lot Frontage: 50
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,899 60,147 85,618
Median Age: 32.52 34.61 37.04
Households: 6,084 22,700 33,393

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