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$ 1,200,000
Est. payment | /mo
8 Baths
7,616 SqFt
$ 1,200,000
Est. payment | /mo
8 Baths
7,616 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,616 sqft
Price per Sqft $157
MLS Listing ID 24135589
Full Baths 1
Half Baths 7
Year Built 1984
Annual Tax Amount $16,749
Lot Size 1.400 Acres
Property Description
Exceptional opportunity for an investor or owner-user seeking a well-located medical and professional office property in Montville's busy Route 32 corridor. This two-story building offers approximately 7,600 square feet of well-maintained space on 1.40 acres with ample on-site parking, ADA accessibility, and strong visibility with an average daily traffic count of nearly 19,000 vehicles. The property is currently configured for healthcare and office use with modern mechanicals, multiple private exam rooms and offices, and flexible layouts that can accommodate a variety of business types. Approximately 4,420 square feet will be available in 2026, making this an excellent fit for an owner-occupant while maintaining income from an existing long-term tenant. Investors will appreciate the stability of the current tenancy and the opportunity for rent growth upon rollover. Conveniently located near I-395, Norwich, and Mohegan Sun, this property serves a wide demographic base and draws from multiple regional markets. Zoned C-1 Commercial with Office Overlay, permitted uses include medical and dental offices, professional services, personal wellness, and education-related facilities. Combining income stability, future occupancy flexibility, and a high-visibility location, this asset represents a rare opportunity in one of southeastern Connecticut's most active commercial corridors.
Location
State CT
County New London
Zoning C1/OZ
Interior
Heating Hot Air
Cooling Central Air
Exterior
Parking Features Paved, Off Street Parking
Utilities Available Electric, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Dry, Cleared
Story 2
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Andrew O'Reilly • Seaport Real Estate Services
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Ilka Torres
Broker | License ID: REB.0794005