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493 Norwich AvenueColchester, CT 06415MLS Number 170124671

  • Price: $825,000The price has recently decreased
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 4.85% last updated on 2018-10-18

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 9,583Square Feet
  • 7.55Acreage
  • 1950Year Built
  • $535,800Assessed value

Largest commercial parcel currently for sale or lease in Colchester includes one story bldg with storage loft above (former car dealership and Meineke ) ,1133 sq ft reception area with 2 office areas and bathroom..8280 sq ft service area with concrete flooring, 16' ceilings, storage areas with shelving,5 lifts (one for specialty vehicles), 7 overhead doors, separate tire storage room, upper level storage with shelving, 2nd bathroom and office area..also included are a 2232 sq ft single family residential bldg which is in need of major repair, a separate bldg currently being used as a small body shop (1.396 acres) and a proposed 6.154 acre level lot at the rear of the property..not subdivided but could be as Seller willing to subdivide to meet buyer's reqts...restore to former use as car dealership or zoned for retail, office, possible residential,more, large property in the rear allows for major expansion or build a new bldg on the site.. lease at 5000/month NNN with negotiable terms .many, many possibilities..high traffic count and good visibility in fast growing community..paperwork avail shwg DEP approvals..uses for SU zone are single fam and 2 family hsg,,publicly owned rec..family day care..home occupation..spec permit uses are religious and educational facilities..mobile homes..municipal facilities..private outdoor rec..bed and breakfast..inn..nursery schools..retail sales and service development..property to the right also on the market for more frontage

Listed by Cynthia J Pond of Berkshire Hathaway NE Prop.

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Willimantic Office

Your Local Office

Willimantic Office
15 Mansfield Ave
Willimantic CT, 06226

Office: 860-456-1554

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Call: Storrs Office 860-429-9351 Willimantic Office 860-456-1554 or send a message:

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More Info

Basic Information

  • Broker NameBerkshire Hathaway NE Prop.
  • List Price$825,000
  • MLS Number170124671
  • Property TypeCommercial For Sale
  • StatusACT
  • TownColchester
  • Commercial catagoryIndustrial, Investment, Office, Retail, Other
  • Also for leaseNo

Interior

  • Interior featuresLoading - Grade, Public Restrooms, Window Display

Exterior

  • Exterior featuresStorage Building

Utilities

  • Heat SystemHot Air
  • Heating FuelOil
  • Utilities availableElectric, Cable Available
  • Water sourcePublic Water Connected
  • Cooling SystemWindow Unit
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$535,800
  • Taxes$17,296
  • Tax YearJuly 2018-June 2019
  • Milrate base32
  • Milrate total32.28

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built1950
  • Building ConstructionBlock, Concrete
  • AtticNo
  • Garages
  • FlooringConcrete, Vinyl
  • Ceiling height16
  • Overhead doors4
  • Garage Parking InfoPaved, Parking Lot
  • Square Feet9,583
  • Restrooms number of1
  • Stories1
  • Additional space availableNo

Auction

  • Bank owned propertyNo

Basic Information

  • Agent ID, PONDC

Location

  • CountyNew London
  • LocationHighway Access, Downtown
  • StateCT
  • Zip06415

Property

  • Acreage7.55
  • Lot DescriptionLevel Lot
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage415
  • Road Frontage DescriptionMunicipal Street, Paved Road
  • SwimmingpoolNo

Water Body

  • WaterfrontNo

Other

  • Documents AvailableLegal Description, Plot Plan/Survey
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Space is leasedNo
  • View Count20

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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