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$1,100,000
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Property Description
Exceptional Mixed-Use Property in the Heart of Colchester. A rare opportunity to own a well-maintained, income-producing property with strong development potential. Proudly owned by the same family for over 40 years, this versatile property spans over 8 acres and includes two distinct buildings. Building One: Mixed-Use Residential & Commercial: Unit #1: 2 Bedrooms / 1 Bathroom. Unit #2: 2 Bedrooms / 2 Bathrooms. Studio#3: Includes a shower and sink/cabinet area (no full kitchen). Each unit (except the studio) is separately metered for utilities. The two commercial units in Building One are currently leased and there is about over 3000SF space available for rent. Building Two: Industrial Warehouse: Located at the rear of the property, this expansive structure offers 13,000+SF of industrial space. It is currently leased to a long-term tenant through 2028.The space can be subdivided and leased to additional tenants, significantly increasing income potential. Recent Capital Improvements: New Roof, Updated HVAC Systems, Modernized Electrical & Water Heating Equipment. Situated on 8+ acres with significant Main Street frontage, this property presents exceptional opportunity for expansion or redevelopment: Subdivision potential (investor to perform duediligence). Ample parking and open land create ideal conditions for additional structures or reimagined site use. Perfectly positioned near major highways, shopping centers, and local amenities.location.
Full Property Details
Full Property Details for 16 Doctor Foote Rd
General
- Sold For: $1,100,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24132386
- Added to Site: 97 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Parking
- Parking: None
Location
- County: New London
- Driving Directions: Per GPS
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Other
- Water Heater: 30 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors, Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: None
- Roof: Shingle
- Square Feet: 10,000
- Above Ground: 10,000 Sq. Ft.
- Year Built: 1940
Unit Information
Unit 1
- Total Bathrooms: 5
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 8.11
- Zoning: TC
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $792,600
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 2336137
Listed by Berkshire Hathaway NE Prop., Shy Grahame
Sold by Berkshire Hathaway NE Prop., Sherry Borgeson
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Schools
Schools serving 16 Doctor Foote Rd
School District:Colchester School District
| Name | Grades | Distance |
|---|---|---|
Jack Jackter Intermediate School 215 Halls Hill Road, Colchester, CT 06415 | 3-5 | 0.6 mi |
Colchester Elementary School 315 Halls Hill Road, Colchester, CT 06415 | PK-2 | 0.8 mi |
William J. Johnston Middle School 360 Norwich Avenue, Colchester, CT 06415 | 6-8 | 0.8 mi |
Bacon Academy 611 Norwich Avenue, Colchester, CT 06415 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16 Doctor Foote Rd
Date
Details
Price
Change
Source
12/02/2025
Sold
$1,100,000
—
MLS
10/13/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16 Doctor Foote Road, Colchester, CT 06415 (MLS# 24132386) is a Multi-Family property that was sold at $1,100,000 on December 02, 2025. Want to learn more about 16 Doctor Foote Road? Do you have questions about finding other Multi-Family real estate for sale in Colchester? You can browse all Colchester real estate or contact a Coldwell Banker agent to request more information.

