464 Ocean Avenue, New London, Commercial

$ 750,000
464 Ocean Avenue,
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Overview

  • Updated On:
  • August 13, 2024

Description

Unique opportunity to purchase steel constructed flexible building with full basement, elevator,sprinkler system,and adjacent approx 28 car spaces. Currently 75% occupied with month to month leases to allow purchaser to realize future plans, design,and use. One block south of Lawrence and Memorial Hospital and approximately 2 miles from Ocean Beach, currently housing owner’s International Market on ground floor.2nd and 3rd Rare floors arranged for office spaces and conference rooms .Rare find to have separate adjacent parking lot in New London. Usable areas include basement and 3 upper stories .

Address: 464 Ocean Avenue
State/County:
Zip: 06320
Country: US
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Property Id : 257395
Price: $ 750,000
Basement: Full
Bridge Modification Timestamp: 2024-08-13T04:36:41.044Z
Building Area Total: 14368
Building Features: Elevator,Sprinklers
Business Type: Food & Beverage,Office Building
Construction Materials: Masonry,Steel
Contract Status Change Date: 2024-08-02
Cooling: Central Air
Electric: 3 Phase,400 Amps
Existing Lease Type: NN
Foundation Details: Concrete Perimeter
Frontage Length: 80
List Agent Direct Phone: 860-235-9222
List Agent Email: NormKrayem@BHHSNE.com
List Agent Full Name: Norman Krayem
Listing Contract Date: 2024-08-02
Listing Id: 1365585
Living Area Units: Square Feet
Lot Features: Downtown
Lot Size Area: 8910
Lot Size Square Feet: 8910
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-08-13T04:32:06.740Z
Number Of Buildings: 1
Number of Units in Community: 11
Number of Units Total: 2
Original Entry Timestamp: 2024-08-06T14:53:50.847Z
Original List Price: 750000
Owner Pays: Common Area Maintenance,Exterior Maintenance,Grounds Care,HVAC Maintenance,Insurance,Roof Maintenance
Parking Total: 0
Possible Use: Business
Road Surface Type: Blacktop
Sewer: Connected
State or Province: CT
Status Change Timestamp: 2024-08-06T14:53:50.847Z
Street Name: Ocean
Street Number: 464
Street Suffix: Avenue
Tax Annual Amount: 15967
Tax Year: 2023
Utilities: 3-Phase Electric
Water Source: Connected
Year Built: 1957
Other Features
Ceiling Height: 7-9 Ft
Electrical Utility Available
Has Cooling System
$ 2,907.90
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,907.90

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Alyse Antone Smyth, Esq.