Car Dealership New London

Retail-Commercial for Sale
Catylist Listing ID: 30725595
Property Subtypes: Mixed Use, Street Retail, Vehicle Related
Building Size (RSF): 6,386 SF
Gross Land Area: 0.51 Acres
Sale Price: $995,000
Unit Price: $155.81 PSF
Ceiling: 16 ft.
Property Use Type: Business
Usable Size (USF): 6,386 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 4/22/2021

Overview / Comments

Well established auto dealership with a 4-bay 2,908 SF service facility, 1,008 SF sales office, 864 SF double-deep bay, and 1,606 SF multi-family. Five star rated dealership with an excellent reputation in business and the community for over 41 years. Extremely profitable existing turnkey business that is well equipped with like-new equipment—extensive list of equipment included! Contact us today for a personal showing!

Additional Details

Nearest MSA: Norwich-New London
County: New London
Tax ID/APN: 6335
Retail Clientele: General, Family, Business
Traffic/Vehicle Count: 13,900
Highway Access: I-95
Total Number of Buildings: 4
Property Condition: Excellent
Year Built: 1950
Roof Type: Hip
Construction/Siding: Vinyl Siding
Heat Type: Natural Gas
Zoning Description: CML
Lot Frontage: 99 and 176 corner lot
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,899 61,134 87,706
Median Age: 32.52 34.8 37.2
Households: 6,084 23,238 34,247


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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