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$1,400,000
Est. payment /mo
1.12 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73487266
HOA Y/N false
Year Built 1924
Annual Tax Amount $2,732
Tax Year 2025
Lot Size 1.120 Acres
Acres 1.12
Property Description
More than 22,000 vehicles drive by daily and even MORE in the summer! Here's your chance to own a residential/commercial property zoned for "Convenience Shopping" in a high-traffic area. Perfect for developers, investors, or owner-operators looking for flexible, income-producing real estate. Prime Location at a Main intersection with excellent visibility & traffic flow that includes main route between Foxwoods casino, RT95 and RI Beaches. Lot Size is Approx. 1.12 acres with potential to acquire adjacent property that includes two-family home for strong rental income potential or owner-occupy. Zoned CS-5 for Convenience Shopping which allows for a mix of retail, office, service businesses, or redevelopment (subject to approvals) Investor Highlights: Commercial zoning in a residential setting: rare flexibility. High-demand location for retail, medical, or small business uses. Rental income from existing residence adds immediate value. Expand your footprint with neighboring parcel as well
Location
State CT
County New London
Zoning CS-5
Direction GPS friendly
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
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Listed by Media Realty Group Inc.
NEARBY SCHOOL & BUSINESS
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