This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$460,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for 1531 Route 163
General
- Sold For: $460,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24085894
- Added to Site: 310 day(s) ago
Location
- County: New London
- Driving Directions: GPS friendly
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Other, Propane
- Heating Fuel: Propane
Utilities
- Sewer: Septic
- Water: Private Well
- Utility Description: Electric
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 9,661
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Auto Business & Sign shop
- Year Built: 1971
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 1.1
- Frontage: State Road
- Present Use: Auto Business & Sign shop
- Zoning: C-1
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $287,840
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Other
- Property ID: 2433713
Listed and Sold by Houlihan Lawrence, Stephen Mele
Get Pre-Approved Today
Schools
Schools serving 1531 Route 163
School District:Montville School District
| Name | Grades | Distance |
|---|---|---|
Leonard J. Tyl Middle School 166 Chesterfield Rd., Montville, CT 06370 | 6-8 | 3.7 mi |
Montville High School 800 Old Colchester Rd., Montville, CT 06370 | 9-12 | 3.6 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 1531 Route 163
Date
Details
Price
Change
Source
2/19/2026
Sold
$460,000
-8%
MLS
4/17/2025
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1531 Route 163, Montville, CT 06370 (MLS# 24085894) is a Commercial property that was sold at $460,000 on February 19, 2026. Want to learn more about 1531 Route 163? Do you have questions about finding other Commercial real estate for sale in Montville? You can browse all Montville real estate or contact a Coldwell Banker agent to request more information.

