863 Norwich New London Turnpike

Montville, Connecticut 06382

Status
For Sale
Square Feet
2,400
Beds
Price
$699,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24055206

Price

$699,000

Agent

Islam Ahmad
(203) 805-9007

Schedule A Showing

Interior Details

Interior Size
2,400 Sq Ft
Bedrooms
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
0.60 Acres
Roof
Flat
Sewer
Other
Construction
Construction
Cooling
Central Air

Other Information

Property Tax
$4,593
Assessed Value
$165,410
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

USE RESTRICTIONS: GAS STATION AND CONVENIENCE STORE Seize the opportunity to own or lease this versatile 2,400 SF freestanding building, formerly home to a Cumberland Farms gas station and convenience store. Offered at $699,000 for sale, or available for a flexible ten-year triple net lease with a 3% annual increase, this property provides several options including renewal terms, lease-to-own, and consideration for shorter lease periods. Located in a prime, high-visibility area with easy access to major highways, shopping centers, and restaurants, the site has a daily traffic count of approximately 7,700 cars. Although restricted from gas station and convenience store operations, the property is ideal for a wide range of PERMITTED USES, including a BAKERY, BANK, COMMISSARY, SMALL-FORMAT DRUG STORE, MEDICAL OR PROFESSIONAL OFFICE, RESTAURANT, QUICK-SERVICE RESTAURANT (QSR), RETAIL STORE, SMOKE SHOP, OR DELI. Additionally, SPECIAL PERMIT USES allow for more tailored business opportunities such as AUTOMOTIVE SALES AND REPAIR, and BREWPUB. This property offers flexibility and endless possibilities to suit a variety of business ventures.

Schedule Showing