43-49 Jay St - Manufacturing FOR SALE


New London, CT 06320
$1,100,000 USD
860-508-2446
43-49 Jay St, New London, CT for Sale
$1,100,000 USD
Manufacturing - FOR SALE
1/35
null | Request Cap Rate

43-49 Jay St
New London, CT 06320


HIGHLIGHTS

  • Convenient location near developing River Front areas

OVERVIEW

43-49 Jay Street offers a versatile commercial property. The site includes two buildings totaling over 11,900 SF, with significant potential for continued industrial use or redevelopment. The main building is 10,443 SF currently configured as a custom woodworking facility with ceiling heights over 10' and a 600-volt, 400-amp, 3-phase electrical service with circuit breakers. There is a 10' x 10' overhead drive-in door for loading and multiple office areas at the front of the building. The main building is heated by a gas powered wall unit and has upgraded LED lighting throughout. There is public sewer and water to the property. The secondary building is a 1,495 SF detached garage which is heated by propane. The overall site is C-1 General Commercial zoned allowing a range of commercial, retail, service, and light industrial uses. The site has parking for approx. 26 vehicles and has convenient access to major routes and area amenities. Suitable for woodworking, automotive repair, contractor operations, warehousing, or other business needs. Seller previously explored plans for a 40-unit residential apartment building (2021); buyers would need to re-verify development feasibility with the city. This property offers substantial existing infrastructure and flexible options for owner-occupants, investors, or developers. A professional car booth (26' x 11' x 11') and a dust collection system are onsite. These items are not included in the sale, but the seller will consider selling them separately. Call or message the listing agent for additional information or to schedule a showing.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Showroom, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.34

LAND SF

14,889

ZONING

C-1

APN/PARCEL ID

NLON-000029-000169-000016

ASK ABOUT THIS PROPERTY

Lisa RomanoWilliam Pitt Sotheby's International RealtyMore Info
860-508-2446

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Lisa RomanoWilliam Pitt Sotheby's International RealtyMore Info
860-508-2446

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