14 Overhead Door Commercial/Industrial Facility

Industrial for Sale
Catylist Listing ID: 30729866
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Research & Development
Building Size (RSF): 9,631 SF
Gross Land Area: 1.10 Acres
Sale Price: $625,000
Unit Price: $64.89 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,631 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/8/2021

Overview / Comments

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: 1968-1971, At busy intersection with traffic light, on corner, 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun

Additional Details

Nearest MSA: Norwich-New London
County: New London
Tax ID/APN: 058/027-000
Highway Access: 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun
Site Description: 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Excellent
Year Built: 1971

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,266 8,342 29,798
Median Age: 41.46 41.84 41.77
Households: 454 3,123 11,461


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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