PROPERTY SUMMARY Located on Montauk Avenue in New London, 24 Montauk Ave is a three-story mixed-use building anchored by ServiceMaster, a long-term commercial tenant occupying the ground-floor office/warehouse space and the second-floor unit. The property includes a private parking lot with gated, secured parking for commercial vehicles, and separate private entrances for the residential units above. HIGHLIGHTS Stabilized NNN Income: ServiceMaster occupies the ground floor and Unit 1 under a triple-net lease at $5,500/month ($66,000/year). Immediate Upside: The third-floor unit (709 SF, true 2BR/1BA) is vacant and in good, rent-ready condition — an immediate lease-up opportunity. Flexible Second Unit: Unit 1 (914 SF) is currently utilized by ServiceMaster as additional office space, with the underlying layout offering residential conversion potential for a future owner. Functional Flex Space: Ground floor includes 2,415 SF of finished office/reception space plus 3,072 SF of warehouse across three bays, suited to service, trade, or light industrial users. Secure, Dedicated Parking: Private lot with gated, secured parking for commercial vehicles. Zoning: C-1 General Commercial District — mixed commercial/residential use is a recognized permitted use for pre-1983 structures. Built: 1930, with classic New London architectural character. Public Utilities: Connected to public water and sewer.