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$ 500,000
Est. payment | /mo
9,661 SqFt
$ 500,000
Est. payment | /mo
9,661 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,661 sqft
Price per Sqft $51
MLS Listing ID 24085894
Year Built 1971
Annual Tax Amount $8,310
Lot Size 1.100 Acres
Property Description
Great opportunity to own a flexible commercial property right at the busy corner of Route 163 and Route 82 in Montville. Sitting on 1.1 acres, this spot includes two buildings with a total of 9,661 SF and large overhead doors-perfect for auto, service, or light industrial use. Part of the space is rented to a longtime tenant, Ed's Car Sales & Repair, bringing in steady income. With easy access to I-395 and just a short drive to Mohegan Sun, this location gets solid traffic and great visibility. Whether you're expanding your business or investing, this property has a lot to offer. Currently laid out as 3 units but could be as many as 6 with minimal buildout required. Sign shop and auto business are the current users of the two buildings. AC in the office only in Building #1, also has hot air furnace. Building #2 has 2 forced air modines. 2 Buildings-9,661 SF, Acres: 1.1,Building #1: 3,515 SF, 4 overhead doors: All 9.5'x8', Building #2: 6,146 SF, 10 overhead doors: (4) 9.5'x8', (5) 7'x14', (1) 7'x10', Portion of building leased month-to-month for $1,248.51 for 30+ years to Ed's Car Sales & Repair, Heating: Propane, Well & 2 Septic Tanks Frontage: 344 Ft. on Route 163, 258 Ft. on Route 82, Zone: C-1, Taxes: $9,631.44, Traffic Count: 4,900, Year Built:1971, At busy intersection with traffic light, on corner, 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun.
Location
State CT
County New London
Zoning C-1
Interior
Heating Hot Air, Other
Cooling Central Air
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Septic
Water Private Well
Listed by Stephen Mele • Houlihan Lawrence
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Andrei Balaj & Camilo Ramirez
Real Estate Agent | Lic# Licensed in Connecticut