1,200sf Commercial Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30405541
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 1,200 SF
Gross Land Area: 0.20 Acres
Sale Price: $259,000
Unit Price: $215.83 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/17/2019

Overview / Comments

Broad uses for this one story 1,200sf building, previously a restaurant approved for 24 seats inside and 4 outside. Fully air conditioned. Handicapped accessible. 11 off-street parking spaces. Pristine throughout. Highly visible on busy Route 1, with 11,000 daily average traffic counts. Owner financing for qualified buyer. Just a couple doors from Pawcatuck Post Office. Down the street from the Pawcatuck Shopping Center. For Sale $259,000.

PERMITTED USES: Office, Restaurants, Personal Services, Retail, Wholesale, Financial Institutions…

DIRECTIONS: Route 1 from Stonington, on right approximately ½ mile north of Stonington High School.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Stonington
Tax ID/APN: 14-2-11
Zoning: LS-5
Retail Clientele: General, Family
Property Located Between: Mystic and Rhode Island border
Property Visibility: Excellent
Feet of Frontage: 60
Traffic/Vehicle Count: 11,000
Highway Access: I-95 4 miles
Airports: Westerly Airport 4 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Year Built: 1980
Total Parking Spaces: 11
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: LS-5 Local Shopping
Lot Frontage: 60
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,521 26,241 43,504
Median Age: 41.71 43.72 44.6
Households: 2,850 11,424 18,421


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