Skip To Content

678 Colonel Ledyard Highway

Ledyard, CT 06339
  • $399,000
  • STATUS: Active
  • MLS #: 170382265
UPDATED: 38 min ago
$399,000
  • 0
    BEDS
  • 1.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,483
    SQFT
  • $161
    $/SQFT
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

Description

A great investment opportunity! Located on Colonel Ledyard Highway, this property is the beneficiary of a daily traffic count of roughly 5,000 vehicles per day and is highly visible from the road. The property currently generates a gross rental income of $43,200 annually. The property consists of one commercial space currently used as a restaurant and a two-family residence, for a total of 3 rentable units. All units are leased with long-term tenants in place and a great rental history. The restaurant offers multiple indoor and outdoor dining areas, serving stations, a full and well-equipped kitchen, two restrooms, and additional storage space. The two-family residence offers a 2 bedroom / 1 bathroom unit on the main floor and a 3 bedroom / 1 bathroom unit consisting of the 2nd and 3rd floors. Each unit has its own washer & dryer hookups. Electrical and heating have been upgraded and separated by unit. A new septic system is in place for the restaurant space. Truly a turnkey investment opportunity. Ask your agent for a comprehensive property information packet. Also listed as multifamily - MLS#170387131

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-20T20:09:50.723.
www.spectrumrec.com/homes/115796862
Print Image

678 Colonel Ledyard Highway Ledyard, CT 06339

  • Price: $399,000
  • Status: Active
  • On Site: Days
  • Updated: 38 min ago
  • MLS #: 170382265
0
Beds
0
Baths
0
½ Baths
1.15
Acres
2,483
SQFT
$161
$/SQFT
1931
Built
County:
New London
Area:
Ledyard
Property Description
A great investment opportunity! Located on Colonel Ledyard Highway, this property is the beneficiary of a daily traffic count of roughly 5,000 vehicles per day and is highly visible from the road. The property currently generates a gross rental income of $43,200 annually. The property consists of one commercial space currently used as a restaurant and a two-family residence, for a total of 3 rentable units. All units are leased with long-term tenants in place and a great rental history. The restaurant offers multiple indoor and outdoor dining areas, serving stations, a full and well-equipped kitchen, two restrooms, and additional storage space. The two-family residence offers a 2 bedroom / 1 bathroom unit on the main floor and a 3 bedroom / 1 bathroom unit consisting of the 2nd and 3rd floors. Each unit has its own washer & dryer hookups. Electrical and heating have been upgraded and separated by unit. A new septic system is in place for the restaurant space. Truly a turnkey investment opportunity. Ask your agent for a comprehensive property information packet. Also listed as multifamily - MLS#170387131
Exterior Features

Construction Description Frame Foundation Type Concrete Lot Description DryLevel Lot Parking Total Spaces 0 Road Frontage Approximate 200 Road Frontage Description State RoadPaved Road Roof Information Asphalt Shingle

Interior Features

Cooling System Central AirWindow Unit Heat Type Baseboard Interior Features Living Space AvailablePublic Restrooms

Property Features

Bank Owned Property Yn No Commercial Category InvestmentResidential IncomeRetailOther Documents Available BrochureDemographic DataLegal Description Garage Parking Info PavedOff Street ParkingParking Lot Handicap Features Ramps Heat Fuel Type Oil Location SuburbanRural Possession Availability Negotiable Potential Short Sale Yn No Potential Use RestaurantResidentialRetail Present Use RestaurantResidential Property Tax 9853 Sewage System Septic Sign Yn Yes Tenants Number Of 3 Utilities Available ElectricGas Water Source Private Well Zoning Lcv2

Listing information © 2022 Smart MLS
Listing provided courtesy of Kim K Casey of Seaport Real Estate Services.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-20T20:09:50.723.
 
https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170382265-2.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170382265-2.jpg https://bt-photos.global.ssl.fastly.net/ctmls/orig_boomver_1_170382265-2.jpg
Logo
Spectrum Real Estate Consultants | Keller Williams Realty
14 Breakneck Hill Rd. STE. 101
Lincoln RI, 02865