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$ 350,000
Est. payment | /mo
4,660 SqFt
$ 350,000
Est. payment | /mo
4,660 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,660 sqft
Price per Sqft $75
MLS Listing ID 73552861
HOA Y/N false
Year Built 1920
Annual Tax Amount $6,176
Tax Year 2026
Lot Size 0.310 Acres
Acres 0.31
Property Description
Versatile mixed-use property offering endless possibilities for investors, business owners, or entrepreneurs. The main level features a spacious former restaurant with a large custom bar, open floor plan, customer seating area, restrooms, and plenty of space to accommodate a variety of commercial uses. While previously operated as a restaurant, the kitchen equipment has been removed, allowing the next owner to customize the space for their own business or convert it to another approved commercial use. The second floor features a beautifully updated, spacious apartment, providing an excellent opportunity for rental income, owner occupancy, or employee housing. This additional income-producing unit helps offset operating expenses while adding long-term investment value. Whether you're looking to establish a restaurant, brewery, tavern, retail business, office, or another commercial venture (subject to local approvals), this property offers exceptional flexibility and investment potential. Conveniently located with excellent visibility and easy access, this is a rare opportunity to own a mixed-use building with both commercial and residential income possibilities.
Location
State CT
County New London
Zoning B-RC
Direction GPS Friendly
Exterior
Utilities Available Public Water, Public Sewer
Roof Type Shingle
Others
Senior Community false
Listed by Kazantzis Real Estate, LLC
Nearby Locations
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Mike And Lee Mita
Broker-Associate | Lic# REB.0016449