One story building near Courthouse For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30465007
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 1,659 SF
Gross Building Area: See Agent
Gross Land Area: 0.16 Acres
Sale Price: $229,000
Unit Price: $138.03 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/19/2020

Overview / Comments

For Sale one story, 1,659sf stand-alone building on corner of Brainard Street, diagonally across street from the State Superior Courthouse. Presently leased until November. Property on 0.16 acres includes onsite parking. Town Natural gas/Water/Sewer. Central A/C. Handicap accessible and bathroom. 6,900 daily average traffic count. Located less than half a mile to the New London County Courthouse and I-95. Zone C-1 offers many uses. For Sale @ $229,000.

PERMITTED USES: Office, Retail, Restaurant (excluding liquor), Bank, Personal Services, Dancing/Gymnastics, Karate, etc…

BY SPECIAL PERMIT: Motor Vehicles Sales, Animal Hospital, Funeral parlor, Dry cleaning/Laundromat, Taxi station, Places of worship, Printing plants, Restaurant (including liquor)…

DIRECTIONS: On Broad Street, corner of Brainard St.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: New London
Tax ID/APN: F11 / 211 / 14 / /
Zoning: C-1 COMMERCIAL
Property Located Between: I-95 and Downtown New London
Property Visibility: Excellent
Highway Access: I-95 0.6 miles
Airports: Groton / New London 5.5 miles
Area Description: Near Courthouses
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,659 SF
Year Built: 1930
Total Parking Spaces: 13
Parking Description: Off and On street parking available
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: C-1 Commercial
Lot Frontage: 80' Broad St; 70' Brainard St
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,753 61,190 87,921
Median Age: 32.83 34.31 37.36
Households: 6,424 23,301 34,330

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