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514 Westchester Rd, Colchester, 06415

Commercial/Investment - Investment, Office, Residential Income For Sale

$524,900

Beds
Baths
3,720Sqft
2.09Acres
1840Built
172DOM
MLS® #: 170251780
Active, 172 Days on Market

TWO COMMERCIAL PARCELS to be sold together. Great opportunity to open your own doctor/dentist office, daycare, office or religious facility with rental income from 2 sources: a 2/3 bedroom residential apartment and additional space containing 3 offices with their own entrance and utilities. Located at the 4 corners in Westchester is a 3700+ square foot commercial building. The first floor is currently being used as a doctors office with 2 exam rooms, waiting room, nurses station, private office, kitchen and 2 bathrooms. The second floor is a 2/3 bedroom spacious apartment and located at the end of the building is a remodeled annex with 3 office spaces currently being rented by one tenant. Updates include septic (2014), curtain drain, windows, central air in main building, annex was remodeled with all new sheetrock, electric and plumbing. Included in the purchase is an adjacent lot with .69 acres. Plans have been drawn up for an additional 11,000 square foot two story mixed office/residential building on this lot. Traffic studies have been done in April, 2018 and can be found on-line. Don't miss out on this GREAT INVESTMENT OPPORTUNITY!

Essential Information

MLS® #: 170251780
Price: $524,900
Bathrooms: 0.00
Square Footage: 3,720
Acres: 2.09
Year Built: 1840
Type: Commercial/Investment
Sub-Type: Investment, Office, Residential Income
Status: Active

Community Information

Address: 514 Westchester Rd
Area: Westchester
City: Colchester
County: New London
State: CT
Zip Code: 06415

Amenities

Utilities: Electric, Phone Available
Parking: Paved, Off Street Parking, Parking Lot
Garages: Paved, Off Street Parking, Parking Lot

Interior

Interior: Wood
Interior Features: Handicap Design
Heating: Baseboard, Hot Air, Electric, Oil
Cooling: Central Air
# of Stories: 2

Exterior

Lot Description: Level Topography
Roof: Asphalt Shingle
Construction: Frame
Foundation: Stone

Additional Information

Date Listed: December 11th, 2019
Days on Market: 172
Zoning: WV

Listing Details

Listing Office: Carl Guild and Associates

Financials

$/SqFt: $141

©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.