This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
$499,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
Property Description
Presenting a premier commercial investment opportunity located at the highly visible corner of Route 12 and Long Cove Road. This stabilized property features five fully rented retail and office spaces. Anchoring this prime intersection, the building guarantees unmatched daily exposure. An illuminated sign at the street clearly displays each business name, acting as a continuous marketing beacon. Accessibility is superior thanks to a dedicated traffic light right at the intersection. This signalized corner ensures frictionless and safe entry and exit, eliminating common traffic bottlenecks. Complementing this access is a generous 25-space parking lot, providing ample capacity for the customers and employees of all five businesses. The interior spaces are designed to attract high-quality tenants while minimizing landlord overhead. Each suite operates independently with its own private entrance, affording business owners autonomy. Inside, upgraded wood floors elevate the professional aesthetic. Tenant comfort is guaranteed with individual air conditioning units, along with the convenience of dedicated private bathrooms for each space. Operationally, this building is optimized for maximum profitability. All utilities are separated and independently metered. Crucially, the property is secured by five separate yearly Triple Net leases. With tenants paying taxes, insurance, and maintenance in addition to base rent, this is a streamlined, highly predictable income-generating as
Full Property Details
Full Property Details for 1026 Long Cove Rd
General
- Price: $499,900
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24216350
- Updated: 10/30/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Half Bathrooms: 2
- Restrooms: 5
Parking
- Uncovered Spaces: 25
Location
- County: New London
- Neighborhood: Gales Ferry
- Driving Directions: GPS friendly
- Traffic Count: 13000
Community
- Community Name: Gales Ferry
Heating & Cooling
- Cooling Type: Split System
- Heating Type: Hot Water, Electric
- Heating Fuel: Electric
Utilities
- Sewer: Septic
- Water: Public Water Connected
- Utility Description: Electric
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 3,617
- Sq. Ft. Source: Public Records
- Current Bldg. Use: commercial office rental space
- Year Built: 1840
Unit Information
- # Tenants: 5
Unit 1
- Unit Description: Office
- Square Feet: 1065
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 2
- Unit Description: Office
- Square Feet: 530
- Total Bathrooms: 1
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.93
- Frontage: State Road, Municipal Street
- Frontage Feet: 270
- Present Use: commercial office rental space
- Zoning: CIP
- Lot Description: Corner Lot
Financial Considerations
- Assessment Amount: $232,400
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Appraisal
- Property ID: 1514481
Listed by RE/MAX Legends, Jennifer Obrey
Get Pre-Approved Today
Schools
Schools serving 1026 Long Cove Rd
School District:Ledyard School District
| Name | Grades | Distance |
|---|---|---|
Juliet W. Long School 1854 Route12, Ledyard, CT 06335 | 3-6 | 3 mi |
Gales Ferry School 1858 Route 12, Ledyard, CT 06335 | PK-2 | 3.1 mi |
Ledyard Middle School 1860 Route 12, Ledyard, CT 06335 | 7-8 | 3 mi |
Ledyard High School 24 Gallup Hill Road, Ledyard, CT 06339 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1026 Long Cove Rd
Date
Details
Price
Change
Source
10/29/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1026 Long Cove Rd
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,991
-29%
$232,400
2%
2025
$8,460
5%
$227,780
—
2023
$8,020
2%
$227,780
—
2023
$7,872
2%
$227,780
—
2022
$7,704
1%
$227,780
—
2021
$7,653
5%
$227,780
9%
2020
$7,290
—
$208,460
—
2019
$7,309
2%
$208,460
—
2018
$7,148
5%
$208,460
—
2017
$6,783
2%
$208,460
—
2016
$6,650
5%
$208,460
—
2015
$6,337
3%
$208,460
2%
2014
$6,124
6%
$204,820
—
2011
$5,776
—
$204,820
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1026 Long Cove Rd
1026 Long Cove Road, Ledyard, CT 06335 (MLS# 24216350) is a Commercial property. 1026 Long Cove Road is currently listed for $499,900 and was received on October 29, 2026. Want to learn more about 1026 Long Cove Road? Do you have questions about finding other Commercial real estate for sale in Gales Ferry? You can browse all Gales Ferry real estate or contact a Coldwell Banker agent to request more information.

