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Active
27 Broad Street New London, CT 06320
5 Baths
5,510 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,510 sqft
Price per Sqft $163
MLS Listing ID 24191402
Full Baths 4
Half Baths 1
Year Built 1900
Annual Tax Amount $11,905
Lot Size 0.310 Acres
Property Description
Dental-anchored 5-unit mixed-use in downtown New London, 100% leased. Established dental practice pays $53K+/yr - plus four apartments above (two 2BR/1BA, two 1BR/1BA) with heat & hot water included. Residential rents below market; proforma NOI ~$67K on ~$130K gross. Walkable to rail, waterfront & downtown. Full financial summary attached; figures are estimates subject to buyer's independent due diligence. Turnkey income with real upside.
Location
State CT
County New London
Zoning C-1
Interior
Interior Features Employee Lounge, Security System
Heating Steam
Cooling Central Air, Window Unit
Flooring Vinyl, Wood
Exterior
Exterior Feature Sidewalk, Gutters
Parking Features Paved, Parking Lot, Off Street Parking
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Slate
Building
Lot Description Dry, Level Lot
Story 3
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Jason Pollard • Compass Connecticut, LLC