Office / Investment Building For Sale

Office for Sale
Catylist Listing ID: 30411565
Property Subtypes: Medical, Office Building
Building Size (RSF): 14,640 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $1,100,000
Unit Price: $75.14 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Century Professional Center
Class of Space: Class B
Usable Size (USF): 14,640 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 8/29/2019

Overview / Comments

Prime location – less than a mile off I-95 Exit 88 (corner of Routes 117 and 1). Three levels, with useable lower level for office, kitchen and storage. Handicap accessible to 1st floor only. Entire building (14,640sf) can be available or current owners can remain and rent back a portion of 65 parking spaces. Level 0.98 acres with 475’ road frontage on both Route 1 + 117. Heat pump and Central A/C. Town Water and Sewer. Public gas is available in the street. Zone O-MF. For Sale $1,100,000.

DIRECTIONS: I-95 Exit 88. Go south on Route 117. At end of Route 117, corner of Route 1 on right.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Groton
Tax ID/APN: 169808779847
Zoning: OFFICE / MULTI FAMILY O/MF
Property Visibility: Excellent
Highway Access: I-95 1 mile
Airports: Groton / New London 1.8 miles
Site Description: Corner of Routes 1 and 117
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 4,750 SF
Year Built: 1984
Total Parking Spaces: 68
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Zoning Description: O/MF Office / Multi Family
Lot Frontage: 475
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,773 38,022 80,841
Median Age: 40.21 37.53 37.1
Households: 2,420 15,807 31,697

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