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  • 262 Route 163, Montville, CT 06382
  • $279,900
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 0 Half BathroomHalf Bathrooms
  • 3,376 Sqft
  • Sold On

262 Route 163, Montville, CT 06382

  • Open House
  • New Listing

$279,900

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 3,376 Sqft
  • Commercial
  • Active
  • MLS# E10215085
  • Sold On
0 More Schedule
  • Price Reduced$10,000

Property Information 262 Route 163

  • MLSE10215085
  • Zip Code06382
  • TypeCommercial
  • Sq. Ft.3, 376.00
  • Interior FeaturesLiving Space Available, Public Restrooms
  • Parking Off Street Parking
  • Parking18
  • HeatingOther, Radiator
  • CoolingWindow Unit
  • WaterPublic Water Connected
  • SewerPublic Sewer Connected
  • Year Built1945
  • Acreage1.7400
  • Estimated Taxes$5, 748
  • Assesment$187, 310
Unique opportunity to own a multi-use property and enjoy waterfront! total 4 rental incomes: Units 1 & 2 is a residential 2-family building; Unit 3 is the commercial building currently used for a restaurant (building only, business is not for sale); Unit 4 is a separate commercial parking lot rental currently rented to a trucking repair company. all separate utilities. Public water & sewer hooked up. Good condition with many newer upgrades. All leased with great cash flow! Income of $40,000 yr! Cap rate about 12%! May require a commercial loan if using a lender.


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About Montville, CT


Sitting on the west side of the Thames River with New London to the south and Norwich to the north, Montville is about halfway between New York City and Boston.

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Listing courtesy of: Jan Ledoux, RANDALL, REALTORS-Christie's  © 2018 Smart Multiple Listing Service Inc. All Rights Reserved.
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