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    27 Broadway Avenue

    Stonington, CT 06355
    • $1,400,000
    • STATUS: Active
    • ON SITE: 69 days
    • MLS #: 170400323
    UPDATED: 28 min ago
    $1,400,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,973
      SQFT
    • $352
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    INVESTORS TAKE NOTICE! LOCATION, LOCATION, LOCATION! Downtown Mystic! Excellent income producing investment property in rapidly developing part of town. Fully leased with healthy annual net profit. Seller would be interested in a lease back for 12 months. Former restaurant on premises. Many potential uses in LS-5 zone. Currently a salon/spa with generous reception area, 6 treatment rooms and half bath. Additionally, there is a separate boutique with half bath and another retail shop with shared bath in spa area. 2 one bedroom apartments on 2nd floor are completely remodeled. 15 coveted parking spaces in rear lot. Well maintained building with hardy board siding and 3 year old roof. Entire building was gutted and remodeled in 2007. Renovation includes energy efficient windows, bamboo flooring, new plumbing and electrical and heating systems, whole building water filtration system, and hot water on demand throughout. Central air throughout 1st floor areas. Professionally landscaped with lovely gardens and a patio. Additional 924 sq. ft. walk up attic space waiting to be finished. Steps from train station, restaurants, shops, Rt. 27 and I95. Great visibility and foot traffic. Also listed as Commercial For Sale MLS#170379335.

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    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 2021 SmartMLS, Inc. Data last updated: 2021-07-24T09:10:03.53.
    www.northofthecity.com/homes/117267566
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    27 Broadway Avenue Stonington, CT 06355

    • Price: $1,400,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 170400323
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    3,973
    SQFT
    $352
    $/SQFT
    1900
    Built
    Neighborhood:
    Mystic
    County:
    New London
    Area:
    Stonington
    Elementary School:
    per board of ed
    Middle School:
    per board of ed
    High School:
    per board of ed
    Property Description
    INVESTORS TAKE NOTICE! LOCATION, LOCATION, LOCATION! Downtown Mystic! Excellent income producing investment property in rapidly developing part of town. Fully leased with healthy annual net profit. Seller would be interested in a lease back for 12 months. Former restaurant on premises. Many potential uses in LS-5 zone. Currently a salon/spa with generous reception area, 6 treatment rooms and half bath. Additionally, there is a separate boutique with half bath and another retail shop with shared bath in spa area. 2 one bedroom apartments on 2nd floor are completely remodeled. 15 coveted parking spaces in rear lot. Well maintained building with hardy board siding and 3 year old roof. Entire building was gutted and remodeled in 2007. Renovation includes energy efficient windows, bamboo flooring, new plumbing and electrical and heating systems, whole building water filtration system, and hot water on demand throughout. Central air throughout 1st floor areas. Professionally landscaped with lovely gardens and a patio. Additional 924 sq. ft. walk up attic space waiting to be finished. Steps from train station, restaurants, shops, Rt. 27 and I95. Great visibility and foot traffic. Also listed as Commercial For Sale MLS#170379335.
    Exterior Features

    Color Green Construction Description Frame Exterior Features AwningsGuttersLightingPatioSidewalk Exterior Siding WoodOther Foundation Type Block Lot Description Level Lot Roof Information Asphalt Shingle Waterfront Description Not Applicable

    Interior Features

    Attic Description Walk-Up Attic Yn Yes Basement Description Full With HatchwayConcrete FloorInterior AccessSump Pump Cooling System Central AirWall Unit Heat Type BaseboardHot AirZoned Hot Water Description Other

    Property Features

    Bank Owned Property Yn No Direct Waterfront Yn No Energy Features Extra InsulationProgrammable ThermostatThermopane Windows Flood Zone Yn Yes Fuel Tank Location In Ground Garage Parking Info PavedDrivewayParking Lot Handicap Features Handicap ParkingRamps Heat Fuel Type Propane Home Warranty Offered Yn No Intermediate School Per Board Of Ed Laundry Room Info Basement Hook-Up(S) Nearby Amenities Health ClubLibraryMedical FacilitiesParkPublic TransportationShopping/Mall New Construction Type No/Resale Possession Availability To Be Determined Potential Short Sale Yn No Property Sub Type Other Property Tax 13894 Radon Mitigation Air Ynu No Radon Mitigation Water Ynu No Sewage System Public Sewer Connected Sign Yn No Swimming Pool Yn No Water Source Public Water Connected Zoning Ls-5

    Listing information © 2021 Smart MLS
    Listing provided courtesy of Cheryl C Christopher of Randall, Realtors-Compass.


    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 2021 SmartMLS, Inc. Data last updated: 2021-07-24T09:10:03.53.
     
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