About 19 Old Stonington Rd
INVESTMENT PROPERTY - TURN-KEY SUCCESSFUL BUSINESS AND DEVELOPMENT SITE ALL ROLLED INTO ONE! EXCELLENT INCOME AND UPSIDE. LOCAL, ESTABLISHED AND SUCCESSFUL CARPET AND TILE BUSINESS ON FIRST FLOOR WITH REAR LOADING DOCK. MULTI-STATE BUSINESS REACH. EXCELLENT OPPORTUNITY. THIS PACKAGE INCLUDES THE REAL ESTATE WITH 4 - 2BR/2BA NEW MINT CONDITION FURNISHED APARTMENTS FEATURING TILE, QUARTZ AND WOOD THROUGOUGHT ON THE SECOND FLOOR (WITH ELEVATOR) THAT CAN BE RENTED ON VRBO/AIRBNB OR ANNUALLY. THIS PACKAGE ALSO INCLUDES A TURN KEY BUSINESS AND THE OPPORTUNITY TO BUILD ANOTHER BUILDING ON THIS PROPERTY. APPROVAL IN PROCESS FOR THE ADDITIONAL STRUCTURE TO BE BUILT ON THIS PROPERTY. THE 4 BEAUTIFULLY FURNISHED 2BR/2BA APARTMENT RENTALS HAVE A MANAGEMENT COMPANY IN PLACE. WELL RUN AND MAINTAINED. PRIME LOCATION WITH GROWTH POTENTIAL. EXCELLENT PARKING. PARTIAL OWNER FINANCING TO QUALIFIED BUYER. CALL FOR DETAILS.
Features of 19 Old Stonington Rd
| MLS® # | 170464888 |
|---|---|
| Price | $3,495,000 |
| Bathrooms | 0.00 |
| Square Footage | 12,090 |
| Acres | 2.01 |
| Year Built | 1981 |
| Type | Commercial/Investment |
| Sub-Type | Investment, Residential Income, Retail |
| Status | Active |
Community Information
| Address | 19 Old Stonington Rd |
|---|---|
| Area | Mystic |
| City | Stonington |
| County | New London |
| State | CT |
| Zip Code | 06355 |
Amenities
| Utilities | Cable Available, Electric Available, Phone Available |
|---|---|
| Parking | Off Street Parking, Parking Lot, Paved |
| Garages | Off Street Parking, Parking Lot, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Wood |
|---|---|
| Interior Features | Loading - Dock Height, Elevator, Loading - Grade, Living Space Available |
| Heating | Oil, Hot Air, Hot Water |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Loading Dock/Grade, Pole Sign, Underground Utilities |
|---|---|
| Lot Description | Level Topography |
| Roof | Asphalt Shingle, Tile |
| Construction | Frame |
| Foundation | Slab |
Additional Information
| Date Listed | February 4th, 2022 |
|---|---|
| Days on Market | 140 |
| Zoning | GC-60 |
| RE / Bank Owned | No |
Listing Details
| Office | Market Realty, LLC |
|---|