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$560,000
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Property Description
Commercial investment opportunity for a 14,000+ sq. ft. completely converted & updated mill property with 4 tenants. Tenants include well-established dance studio operating in approx. 7,000 sq. ft with multiple rooms/office/bathrooms, Well-established gym that has relocated their business as new tenants in approx. 3,000 sq.ft with 2 bathrooms and an office. There are 3 smaller (700 sq. ft./600 sq. ft.) office/retail units which are currently rented to hair salon & medical. There is (500 sq.ft) office space fully rented with attached garage/storage space (1,250 sq.ft) with overhead garage door. There is more than enough parking for all tenants, handicap access, room for expansion, basement storage and much more. City Water/Sewer, mostly all new higher-end mechanicals, alarm system, all new windows, new rubber roof over dance studio office and waiting room and newer shingled roof. Building has a clean bill of health with a Phase 1 & Phase 2 reports having been completed in the past.
Full Property Details
Full Property Details for 1020 Riverside Dr
General
- Sold For: $560,000
- Taxes: (July 2024-June 2025)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24011385
- Added to Site: 681 day(s) ago
Interior
- Interior Features: Handicap Design, Loading - Dock Height, Loading - Grade, Public Restrooms, Security System
Rooms
Bathrooms
- Restrooms: 1
Location
- County: Windham
- Neighborhood: Wilsonville
- Driving Directions: RT 12 is Riverside Drive
Community
- Community Name: Wilsonville
Heating & Cooling
- Cooling Type: Ductless, Heat Pump
- Heating Type: Heat Pump, Zoned, Oil, Propane
- Heating Fuel: Oil, Propane
Utilities
- Sewer: Public Sewer In Street
- Water: Public Water In Street
- Utility Description: Phone Available, Cable Available
Structural Information
- Roof: Asphalt Shingle, Rubber
- Overhead Doors: 1
- Disability Access: Hallways 36+ Inches Wide, Handicap Parking, Ramps
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 14,918
- Sq. Ft. Source: Approximate
- Year Built: 1890
Unit Information
- # Tenants: 5
Lot Features
- Lot Size (Acres): 1.48
- Frontage: State Road
- Zoning: C
- Lot Description: Dry
Financial Considerations
- Assessment Amount: $325,000
- Tax Year: July 2024-June 2025
Disclosures and Reports
- Documents Avail.: Environmental Site Assess., Environment Site Assess. (Phase 1), Environmental Site Assess. (Phase 2), Legal Description, Plot Plan/Survey
- Property ID: 2325591
Listed by Johnston & Associates Real Estate, LLC, Ryan Lajoie
Sold by Lamacchia Realty, Benjamin Carbone
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Schools
Schools serving 1020 Riverside Dr
School District:Thompson School District
| Name | Grades | Distance |
|---|---|---|
Mary R. Fisher Elementary School 785 Riverside Dr., Thompson, CT 06255 | PK-4 | 1 mi |
Thompson Middle School 785 Riverside Dr., Thompson, CT 06255 | 5-8 | 1 mi |
Tourtellotte Memorial High School 785 Riverside Dr., Thompson, CT 06255 | 9-12 | 0.9 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 1020 Riverside Dr
Date
Details
Price
Change
Source
6/24/2025
Sold
$560,000
-13.85%
MLS
4/17/2024
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1020 Riverside Drive, Thompson, CT 06255 (MLS# 24011385) is a Commercial property that was sold at $560,000 on June 24, 2025. Want to learn more about 1020 Riverside Drive? Do you have questions about finding other Commercial real estate for sale in Thompson? You can browse all Thompson real estate or contact a Coldwell Banker agent to request more information.

