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253 State StreetNew London, CT 06320MLS Number 170318506

  • Price: $299,000The price has recently decreased
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Est. Mortgage: $/month

Federal 30-year interest rate: 2.81% last updated on 2020-10-29

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

Listed by Carmelo Foti and Daphne Lee Martin of Pequot Commercial
Active
253 State New London CT 06320253 State New London CT 06320
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  • $299,000List Price
  • 0.09Acreage
  • 10,800Square Feet
  • 1925Year Built
Prime investment opportunity! For Sale, The Barrows Building is a 10,800sf three story brick trimmed building, with commercial and residential opportunities.. Located within easy distance of courthouse, Garde Arts Center, public library, ferry and train stations. Ready for development. Parking on street, and off-street at rear of building. - Basement 4,000+sf and useable - First floor 4,000sf - Second floor 1,400sf - Third floor 1,400sf Public Water/Sewer and Natural Gas. Taxes $4,249. For Sale $299,000. Agent/owner.

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Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • Broker NamePequot Commercial
  • List Price$299,000
  • MLS Number170318506
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Virtual TourView Tour
  • Commercial catagoryInvestment, Office, Residential Income, Retail
  • ColistofficenamePequot Commercial
  • Also for leaseNo
  • MLS StatusActive

Utilities

  • Heat SystemOther
  • Heating FuelNatural Gas
  • Utilities availableCable Available
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$107,870
  • Taxes$4,246
  • Tax YearJuly 2020-June 2021
  • Milrate base39
  • Milrate tax district1
  • Milrate total41.1

Property

  • Acreage0.09
  • Lot DescriptionN/A
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage35
  • Road Frontage DescriptionMunicipal Street
  • SwimmingpoolNo

Other

  • Documents AvailableEnvironmental Site Assess.
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Traffic count3200
  • Space is leasedNo
  • Potential useRetail/Office, Apts upper flrs
  • View Count4

Basic Information

  • Agent IDFOTIC, MARTINDL

Location

  • CountyNew London
  • LocationDowntown
  • StateCT
  • Zip06320

Building

  • RoofTar/Gravel
  • Year Built1925
  • Building ConstructionBrick, Masonry
  • AtticNo
  • Garage Spaces
  • FlooringVinyl, Wall-to-Wall Carpet
  • Garage Parking InfoOn Street Parking, Off Street Parking
  • Square Feet10,800
  • Sqft office4000
  • Sqft residential2800
  • Sqft retail4000
  • Stories3
  • Additional space availableNo

Auction

  • Bank owned propertyNo

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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