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115 Green Street, New London, CT 06320
$700,000
115 Green Street, New London, CT 06320View this property at 115 Green Street, New London, CT 06320
115 Green StreetNew LondonCT06320
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Property Description
Introducing a remarkable opportunity to own a commercial property that combines the convenience of a thriving liquor store with the comfort of a spacious apartment in the back. Whether you're an established business owner looking to expand or an investor seeking a lucrative income stream, this property offers the perfect blend of commercial success and residential convenience. The front of the property is home to a well-established and prosperous liquor store. It's not currently in operation but provided a steady and reliable source of income. The liquor store boasts a loyal customer base and an excellent reputation within the community. Behind the liquor store, you'll find a charming apartment, which offers the perfect balance between work and living. This apartment provides comfortable accommodations, making it ideal for an owner-operator or an additional source of rental income. The apartment is down to the studs but ready for an investor to fix it up and make it yours. Newer roof installed over the apartment. Situated in a high-traffic area with excellent visibility, your liquor store will continue to draw in patrons from the surrounding community. Convenient access ensures a steady flow of customers, and the apartment offers an attractive residential option for tenants. The apartment is in the process of being renovated and will be completed soon. This sale includes the liquor permit!
Full Property Details
Full Property Details for 115 Green St
General
- Price: $700,000
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Commercial
- MLS ID: 170605760
- Updated: 5/2/2024
- Added to Site: 197 day(s) ago
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Location
- County: New London
- Driving Directions: GPS Friendly
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable
Structural Information
- Construction Status: No/Resale
- Roof: Tar/Gravel
- Square Feet: 3,256
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Liquor Store/Apartment
- Year Built: 1920
Unit Information
Unit 1
- Unit Description: 2 Bedrooms
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Frontage: State Road
- Present Use: Liquor Store/Apartment
- Zoning: CBD2
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $111,580
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1999856
Listed by William Raveis Real Estate, The One Team At William Raveis Real Estate, Rob Wallace
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Schools
Schools serving 115 Green St
School District:New London School District
Rating | Name | Grades | Distance |
---|---|---|---|
490 Jefferson Ave, New London, CT 06320 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Green St
Date
Details
Price
Change
Source
11/01/2023
Listed
$700,000
872.22%
MLS
4/27/1999
Sold
$72,000
—
Public Record
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 115 Green St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,288
—
$111,580
—
2022
$4,291
-2%
$111,580
—
2021
$4,368
-1%
$111,580
—
2020
$4,395
-4%
$111,580
—
2019
$4,586
-5%
$111,580
5%
2018
$4,803
2%
$106,400
—
2017
$4,709
6%
$106,400
—
2016
$4,451
6%
$106,400
—
2015
$4,202
15%
$106,400
—
2014
$3,646
52%
$106,400
22%
2011
$2,399
—
$87,220
—
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 115 Green St
115 Green Street, New London, CT 06320 (MLS# 170605760) is a Commercial property. 115 Green Street is currently listed for $700,000 and was received on November 01, 2023. Want to learn more about 115 Green Street? Do you have questions about finding other Commercial real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.