REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 499,900
Est. payment | /mo
2 Baths
3,617 SqFt
$ 499,900
Est. payment | /mo
2 Baths
3,617 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,617 sqft
Price per Sqft $138
MLS Listing ID 24216350
Half Baths 2
Year Built 1840
Annual Tax Amount $5,991
Lot Size 0.930 Acres
Property Description
Presenting a premier commercial investment opportunity located at the highly visible corner of Route 12 and Long Cove Road. This stabilized property features five fully rented retail and office spaces. Anchoring this prime intersection, the building guarantees unmatched daily exposure. An illuminated sign at the street clearly displays each business name, acting as a continuous marketing beacon. Accessibility is superior thanks to a dedicated traffic light right at the intersection. This signalized corner ensures frictionless and safe entry and exit, eliminating common traffic bottlenecks. Complementing this access is a generous 25-space parking lot, providing ample capacity for the customers and employees of all five businesses. The interior spaces are designed to attract high-quality tenants while minimizing landlord overhead. Each suite operates independently with its own private entrance, affording business owners autonomy. Inside, upgraded wood floors elevate the professional aesthetic. Tenant comfort is guaranteed with individual air conditioning units, along with the convenience of dedicated private bathrooms for each space. Operationally, this building is optimized for maximum profitability. All utilities are separated and independently metered. Crucially, the property is secured by five separate yearly Triple Net leases. With tenants paying taxes, insurance, and maintenance in addition to base rent, this is a streamlined, highly predictable income-generating as
Location
State CT
County New London
Zoning CIP
Interior
Heating Hot Water
Cooling Split System
Exterior
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot
Foundation Concrete
Sewer Septic
Water Public Water Connected
Listed by Jennifer Obrey • RE/MAX Legends
Nearby Locations
Kristopher Tramont
Broker Associate CT REB.0794869RI REB.0019770
+1(860) 884-9511 | kris@kristophertramont.com