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153 State StreetNew London, CT 06320MLS Number 170232253

  • Price: $5,700,000The 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: 3.56% last updated on 2019-09-12

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

  • 0.42Acreage
  • 1885Year Built
  • 81,312Square Feet
  • $50,822Taxes

OPPORTUNITY ZONE! 5 Story brick office building consisting of 81,312 SF. Originally department store in downtown New London. It now consists of retail space on the first floor and numerous offices on the upper floors. It would be an ideal apartment building and the owner has already completed some apartments. Architectural plans for 36 apartments available with part of building remaining as office suites. The first floor has a magnificent atrium with entrances from State Street and Masonic Street.

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$5,700,000
  • MLS Number170232253
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Commercial catagoryOffice, Retail
  • ColistofficenameUS Properties
  • Also for leaseNo

Utilities

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

Tax Information

  • Assessed value$1,236,550
  • Taxes$50,822
  • Tax YearJuly 2019-June 2020
  • Milrate base39
  • Milrate tax district1
  • Milrate total41.1

Property

  • Acreage0.42
  • Lot DescriptionDry
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage DescriptionMunicipal Street
  • SwimmingpoolNo

Other

  • Documents AvailableBrochure
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Space is leasedNo
  • View Count1

Basic Information

  • Agent IDhowardcc, ehowards

Location

  • CountyNew London
  • LocationDowntown
  • StateCT
  • Zip06320

Building

  • FoundationConcrete, Masonry
  • RoofTar/Gravel
  • Year Built1885
  • Building ConstructionBrick, Masonry
  • AtticNo
  • Garages
  • Garage Parking InfoOn Street Parking
  • Square Feet81,312
  • Stories5
  • Additional space availableNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo

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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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