194-196 New London Tpke - Office FOR SALE


Glastonbury, CT 06033- Main St Historic District
$925,000 USD
860-324-0888
194-196 New London Tpke, Glastonbury, CT for Sale
$925,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

194-196 New London Tpke
Glastonbury, CT 06033
Main St Historic District


HIGHLIGHTS

  • Rare mixed-use offering in Glastonbury’s Town Center (TC) zone.
  • Two-building setup provides flexibility for investors, owner-occupants, or live/work users.
  • Outstanding visibility with approximately 146 feet of frontage.
  • Strong income potential.
  • Ample parking and excellent access to surrounding commercial districts.

OVERVIEW

Unique mixed-use opportunity in Glastonbury's Town Center (TC) zone. This property features two buildings offering flexible commercial and residential potential. The front building is a residential home that is also commercially zoned, allowing residential, office or retail space. The rear building offers additional commercial space suitable for a variety of businesses including fitness or yoga studio, spa or salon, medical, office or workshop possibilities. Excellent visibility along New London Turnpike with approximately 146 feet of frontage and strong exposure to high volume daily traffic. Ideal for investors, owner-occupants, or businesses seeking a live/work setup. Projected rental potential of approximately $3,000/month for the front building and $2,000/month for the rear building. Ample parking and convenient access to surrounding commercial areas and major routes. Glastonbury is one of Connecticut's most desirable areas, and opportunities to invest in the town's hub are rare. Bring your vision and unlock this property's full potential. Schedule a tour today. Front Building AC is ~6-7 years Boiler ~20+ years Water Heater ~10 years Back Building HVAC is ~10-12 years Windows/Doors ~10 years New LED lighting Freshly painted Roof on both buildings is ~10 years

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

TC

APN/PARCEL ID

GLAS-000006D-004760-S000007

ASK ABOUT THIS PROPERTY

Tony OpalenikEagle Eye RealtyMore Info
860-324-0888

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Tony OpalenikEagle Eye RealtyMore Info
860-324-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.