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431 Laurel Hill Avenue, Norwich, CT 06360
$599,900
431 Laurel Hill Avenue, Norwich, CT 06360View this property at 431 Laurel Hill Avenue, Norwich, CT 06360
431 Laurel Hill AvenueNorwichCT06360
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Property Description
Turn Key Automotive Business Opportunity Including The Real Estate and All Contents. Currently Only Servicing Repairs and Tire Replacement But Was Once A Thriving Car Sales Dealership and Would Also Be A Great Location For Car Rentals. The Business Includes Two Tire Machines, Two Lifts, All Mechanic Tools, Inventory Of All Brand New and Used Tires, Computers and Software, Security Camera and Much More. Current Business Has Been Established For 6 Years and Honored With A 4.8 Star Rating On Google Reviews. A Lot More Life and Great Potential For An Investor Or Owner Occupied Buyer.
Full Property Details
Full Property Details for 431 Laurel Hill Ave
General
- Price: $599,900
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Commercial
- MLS ID: 24017189
- Updated: 5/12/2024
- Added to Site: 26 day(s) ago
Business
- Business Included: Yes
Interior
- Interior Features: Window Display
Exterior
- Exterior Features: Lighting, Doors - 16-20 ft, Pole Sign, Door Sign
Parking
- Total Spaces: 50
- Parking: Paved, Unpaved, Parking Lot
Location
- County: New London
- Neighborhood: Laurel Hill
- Driving Directions: Laurel Hill Avenue
- Traffic Count: 4900
Community
- Community Name: Laurel Hill
Heating & Cooling
- Cooling Type: Ductless, Split System
- Heating Type: Hot Air, Electric, Propane
- Heating Fuel: Electric, Propane
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone
Structural Information
- Roof: Flat, Rubber
- Square Feet: 1,302
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Automotive Repair
- Year Built: 1946
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 0.29
- Frontage: Municipal Street
- Frontage Feet: 115
- Present Use: Automotive Repair
- Potential Use: Adding Car Sales and Car Rentals
- Zoning: MF
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $90,300
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Environmental Site Assess., Site Plan Approval
- Property ID: 2412921
Listed by Representing All Real Estate, Jay Valdez
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Schools
Schools serving 431 Laurel Hill Ave
School District:Norwich School District
Rating | Name | Grades | Distance |
---|---|---|---|
80 Crouch Ave, Norwich, CT 06360 | K-5 | 0.4 mi | |
25 Mahan Dr, Norwich, CT 06360 | 6-8 | 2.7 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 431 Laurel Hill Ave
Date
Details
Price
Change
Source
5/11/2024
Listed
$599,900
566.56%
MLS
1/16/2018
Sold
$90,000
—
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 431 Laurel Hill Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,392
—
$90,300
—
2022
$4,378
—
$90,300
—
2021
$4,392
—
$90,300
—
2020
$4,377
1%
$90,300
—
2019
$4,333
15%
$90,300
16%
2018
$3,779
-1%
$78,100
—
2017
$3,807
-1%
$78,100
—
2016
$3,832
2%
$78,100
—
2015
$3,753
5%
$78,100
—
2014
$3,587
-29%
$78,100
-50%
2011
$5,066
—
$157,000
—
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 431 Laurel Hill Ave
431 Laurel Hill Avenue, Norwich, CT 06360 (MLS# 24017189) is a Commercial property. 431 Laurel Hill Avenue is currently listed for $599,900 and was received on May 11, 2024. Want to learn more about 431 Laurel Hill Avenue? Do you have questions about finding other Commercial real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.