347 South Main St, Colchester, CT

$2,800,000

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0.88

Acres

About 347 South Main St

3 parcels S. Main St., 347/339 S. Main and 32 Hall Hill Road consisting of Multi Family, a successful and profitable turnkey bakery and Land. The subject property is on .88 acres Located in Colchester, CT 28 mnt. from Hartford and just 2 hours from New York City and Boston. The value is through a redevelopment of the site with a mixed use development. The property has a redevelopment potential that would allow for a maximum coverage ratio of 75%. The acquisition of this assemblage will include a turnkey operation which is able to either be assumed or sold to an operator tenant to receive income during entitlement process. Confidential agreement must be signed to disclose further information on property.

Features of 347 South Main St

MLS® # 170463727
Price $2,800,000
Bathrooms 0.00
Acres 0.88
Year Built 1875
Type Commercial/Investment
Sub-Type Investment, Residential Income, Retail, Other
Status Active

Community Information

Address 347 South Main St
Area N/A
City Colchester
County New London
State CT
Zip Code 06415

Amenities

Utilities Electric
Parking Paved, Parking Lot
Garages Paved, Parking Lot
Is Waterfront No
Has Pool No

Interior

Interior Tile, Vinyl, Wood
Heating Baseboard, Hot Water, Oil
Cooling None
Fireplace No
# of Stories 2

Exterior

Exterior Features Gutters, Storage Building
Lot Description Additional Land Available, Level Topography
Roof Asphalt Shingle
Construction Frame
Foundation Concrete

Additional Information

Date Listed January 27th, 2022
Days on Market 250
Zoning Town Center zone mix use
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

Listing Map

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