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$560,000
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Property Description
Investor Alert: Prime Mixed-Use Opportunity in the Heart of Ledyard! Welcome to 678 Colonel Ledyard Highway-a high-performing, fully occupied property offering a rare combination of residential and commercial income streams, all on one lot and just minutes from Ledyard Center. With $5,900/month in current rental income and value-add potential, this property is a standout addition to any investor's portfolio. The commercial building is home to a well-established, thriving diner that draws steady local traffic. Inside, you'll find three distinct dining areas with inviting electric fireplaces, three bathrooms, and a fully updated commercial kitchen featuring all new equipment including a Precision HD gas stove, griddle, fryers, hoods, an ice cream freezer, + more. The space also includes a freshly painted deck and charming outdoor areas. Upstairs, a partially finished space offers serious upside-perfect for potential expansion or conversion into additional rental or storage income. With ample on-site parking and a newly installed sidewalk connecting directly to Ledyard Center, this location offers excellent visibility and walkability for continued business growth. The two-family home includes a 2-bedroom, 1-bath unit on the lower level and a spacious 4-bedroom, 1-bath unit above-both fully leased with generous parking. Recent capital improvements include a new driveway (2022), new siding and gutters (2022), a new deck (2024), a patio (2022), and a new shed (2024). Both oil tank
Full Property Details
Full Property Details for 678 Colonel Ledyard Hwy
General
- Sold For: $560,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24109559
- Added to Site: 193 day(s) ago
Interior
- Flooring: Wall-To-Wall Carpet
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 2
- Half Bathrooms: 3
- Restrooms: 3
Exterior
- Exterior Features: Sidewalk
Location
- County: New London
- Neighborhood: Ledyard Center
- Driving Directions: GPS Friendly
Community
- Community Name: Ledyard Center
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Air, Propane
- Heating Fuel: Propane
Utilities
- Sewer: Septic
- Water: Public Water Connected
- Utility Description: None/Unknown
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 4,363
- Sq. Ft. Source: Public Records
- Living Area: 2,091 Sq. Ft.
- Current Bldg. Use: Diner
- Retail: 2,272 Sq. Ft.
- Year Built: 1931
Unit Information
- # Tenants: 3
Unit 1
- Unit Description: Retail
- Square Feet: 2272
- Total Bathrooms: 3
- Partial Bathrooms: 3
Unit 2
- Unit Description: 2 Bedrooms
- Total Bathrooms: 1
Unit 3
- Unit Description: 4+Bedrooms
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 1.15
- Frontage: Paved Road
- Present Use: Diner
- Potential Use: Diner, Restaurant
- Zoning: LCV2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $293,230
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 1511400
Listed and Sold by William Raveis Real Estate, Julia Ujvari
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Schools
Schools serving 678 Colonel Ledyard Hwy
School District:Ledyard School District
| Name | Grades | Distance |
|---|---|---|
Ledyard Middle School 1860 Route 12, Ledyard, CT 06335 | 7-8 | 3.2 mi |
Ledyard High School 24 Gallup Hill Road, Ledyard, CT 06339 | 9-12 | 0.6 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 678 Colonel Ledyard Hwy
Date
Details
Price
Change
Source
11/07/2025
Sold
$560,000
-3.45%
MLS
10/06/2025
Price Reduced
$580,000
-0.85%
MLS
7/15/2025
Listed
$585,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
678 Colonel Ledyard Highway, Ledyard, CT 06339 (MLS# 24109559) is a Commercial property that was sold at $560,000 on November 07, 2025. Want to learn more about 678 Colonel Ledyard Highway? Do you have questions about finding other Commercial real estate for sale in Ledyard? You can browse all Ledyard real estate or contact a Coldwell Banker agent to request more information.

