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158 State StreetNew London, CT 06320MLS Number 170061823

  • Price: $249,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.57% last updated on 2019-10-10

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

  • 0.07Acreage
  • 1780Year Built
  • 4,414Square Feet
  • $185,640Assessed value

Restaurant opportunity in the heart of downtown New London, halfway between the Garde Theater and Union Station. Beautifully restored hardwood floors, grand staircase leading to second floor. Seating for 100 on 1st floor; 60 on 2nd floor. Owner did numerous upgrades including new refrigeration compressors, glycol system, Mitsubishi wall hung heating and cooling units. Also available to lease at $3,300/month plus utilities. See MLS# 170081495

Listed by Constance Howard and Susan Howard of US Properties

Driving Directions

Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

More Info

Basic Information

  • Broker NameUS Properties
  • List Price$249,000
  • MLS Number170061823
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Commercial catagoryInvestment
  • ColistofficenameUS Properties
  • Also for leaseNo

Utilities

  • Heat SystemHot Air
  • Heating FuelNatural Gas
  • Utilities availableElectric Available, Gas Available
  • Water sourcePublic Water Connected
  • Cooling SystemWall Unit
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Auction

  • Bank owned propertyNo

Tax Information

  • Assessed value$185,640
  • Taxes$7,630
  • Tax YearJuly 2019-June 2020
  • Milrate base39
  • Milrate tax district1
  • Milrate total41.1

Property

  • Acreage0.07
  • Lot DescriptionDry
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage50
  • Road Frontage DescriptionMunicipal Street
  • SwimmingpoolNo

Water Body

  • WaterfrontNo

Other

  • Documents AvailableNone
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableNo
  • Net operating income9999
  • Space is leasedNo
  • View Count37

Basic Information

  • Agent IDhowardcc, ehowards

Location

  • CountyNew London
  • LocationDowntown, Historic Area
  • StateCT
  • Zip06320

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built1780
  • Building ConstructionFrame, Concrete
  • AtticNo
  • Garages
  • FlooringVinyl, Wood
  • Garage Parking InfoOn Street Parking
  • Square Feet4,414
  • Restrooms number of3
  • Stories2
  • Additional space availableNo

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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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