Desirable Commercial Parcel For Sale

Vacant Land for Sale
Catylist Listing ID: 30351815
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 2.10 Acres
Sale Price: $500,000
Unit Price: $238,095 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

Commercial Land For Sale located on Route 32 near Route 2A entrance ramp. 2+ acres with 1.16 acres usable. Front half of property is undeveloped, and back half has a 5,100sf unfinished building (a tear down). 168’ Road frontage. 17,000 Daily average traffic count. Public Water/Sewer and Gas available in the street. Zone C-2 Commercial. About 1 mile to Mohegan Sun Casino. For Sale $500,000.

PERMITTED USES: Office, Restaurant incl drive-thru, Retail, Personal Services, Child day care center, Apartments above primary 1st floor retail/office space, Telecom tower, Micro-Breweries…

DIRECTIONS: I-395 Exit 9 onto Route 2A. Take Exit 1. Lot located across street, right of the entrance ramp.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Montville
Zoning: C-2 COMMERCIAL
Property Visibility: Excellent
Feet of Frontage: 168
Traffic/Vehicle Count: 17,000
Highway Access: Route 2A 0.1 mile I-395 1 mile
Airports: Groton / New London 15.5 miles
Area Description: Half mile to Mohegan Sun Casino
Lot Frontage: 168
Zoning Description: C-2 Commercial
Topography: Level
Easements: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,836 25,305 60,587
Median Age: 42.5 40.19 39.43
Households: 1,019 9,639 23,526

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