977 Hartford Turnpike Active

Waterford,CT 06385

$ 500000

0 Bed

4 Baths

4322 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,322 sqft

Price per Sqft $115

MLS Listing ID 24064116

Full Baths 4

Year Built 2004

Annual Tax Amount $7,328

Lot Size 1.500 Acres

Property Description

Mixed-use property on Hartford Turnpike "85" With a high traffic count between 95 and 395 interstates. This Waterford location is convenient to most major shopping stores and new developments on 85 including medical centers. The commercial space is currently leased with annual increases until 2026 for renegotiations. There is a Handicapped accessible ramp into the common space with a waiting area reception space, 2 private offices, and a half bath. The second floor has 3 spacious offices. The property is zoned I-G and is currently a publications office. The residential unit has been completed and updated with fresh modern details. There is a grand staircase in the foyer. The formal dining room has tray ceilings, and the kitchen is a chef's dream fully applianced, with double ovens and a large granite Island. The living room is connected in this open concept Floorplan, the parlor leads to the formal living room that is now an entertainment space. The new deck is off the kitchen with a hot tub that can be negotiated. Upstairs you will find 3 spacious bedrooms and a primary ensure with a jacuzzi tub. Separate stand-up shower and a large walk-in closet. This residential space can come completely furnished for an additional cost. This has been a lucrative Airbnb Str rental. Gross earnings for residential in 2024 were $41,760. The commercial Rent for 2024 is $22,932 totaling $62,692 year to date. Lease and earnings are available upon request.

Location

State CT

County New London

Zoning Ig

Interior

Interior Features Security System

Heating Baseboard,Hydro Air

Cooling Central Air

Exterior

Exterior Feature Doors - 10-15 ft,Gutters,Lighting,Pole Sign

Parking Features Paved,Off Street Parking

Utilities Available Electric,Phone Available,Cable,Fire Suppression System

Roof Type Asphalt Shingle

Building

Lot Description Sloping Lot

Story 2

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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