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$500,000
7 Days On Site

1531 Route 163
Montville, CT 06370

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
9,661
SqFt
$52
/SqFt
1971
Built
County:
New London
Listing courtesy of Stephen Mele of Houlihan Lawrence

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1531 Route 1631531 Route 1631531 Route 1631531 Route 163
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Great opportunity to own a flexible commercial property right at the busy corner of Route 163 and Route 82 in Montville. Sitting on 1.1 acres, this spot includes two buildings with a total of 9,661 SF and large overhead doors-perfect for auto, service, or light industrial use. Part of the space is rented to a longtime tenant, Ed's Car Sales & Repair, bringing in steady income. With easy access to I-395 and just a short drive to Mohegan Sun, this location gets solid traffic and great visibility. Whether you're expanding your business or investing, this property has a lot to offer. Currently laid out as 3 units but could be as many as 6 with minimal buildout required. Sign shop and auto business are the current users of the two buildings. AC in the office only in Building #1, also has hot air furnace. Building #2 has 2 forced air modines. 2 Buildings-9,661 SF, Acres: 1.1,Building #1: 3,515 SF, 4 overhead doors: All 9.5'x8', Building #2: 6,146 SF, 10 overhead doors: (4) 9.5'x8', (5) 7'x14', (1) 7'x10', Portion of building leased month-to-month for $1,248.51 for 30+ years to Ed's Car Sales & Repair, Heating: Propane, Well & 2 Septic Tanks Frontage: 344 Ft. on Route 163, 258 Ft. on Route 82, Zone: C-1, Taxes: $9,631.44, Traffic Count: 4,900, Year Built:1971, At busy intersection with traffic light, on corner, 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun.

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Listing Snapshot
Price 
$500,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,661 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.1 Acres
Year Built 
1971
MLS® Number 
24085894
Status 
Active
Property Tax 
$7,993
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
1.1
Sewer 
Septic Tank
SqFt Total 
9661
Water Source 
Well
Zoning 
C-1
Interior Features
Cooling 
Central Air
Heating 
PropaneForced Air
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Exterior Features
Construction Details 
Frame
Lot Features 
Level
Road Frontage 
State Road
Roof 
Asphalt
Listing courtesy of Stephen Mele of Houlihan Lawrence



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Neighborhood & Commute
Source: Walkscore
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