For Sale
$700,000

91 River RdGriswold, CT 06351

Prime Retail Space, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail property, located at 91 River Rd in Lisbon, CT, presents a unique investment opportunity. The 3,446 square foot building sits on a 1.1-acre lot with over 105 feet of road frontage, boasting excellent visibility and accessibility. Currently configured as a former veterinary clinic, the property includes a 2,072 square foot office space and a basement apartment. The property benefits from a high average daily traffic count of 8,400 vehicles. Strategically located near I-395 and the Lisbon Landing retail district, this property enjoys proximity to established businesses such as McDonald's, AutoZone, and Citgo. The expansive, level lot offers ample opportunity for expansion of the existing parking area. The property's BV-II zoning permits a wide range of uses, including retail, business services, banking, offices, personal services, repair services, and even a cell tower or auto dealership. Special permits could allow for drive-thru windows, hotels, and gas sales. The seller is open to build-to-suit options or land leasing arrangements. This is an ideal location for redevelopment, offering significant potential for a variety of commercial ventures. The property is also available for lease. Built in 1957, the property consists of two buildings. The asking price is $700,000, translating to $203.13 per square foot.

Highlights

  • $700,000 asking price for this 3,446 square foot retail property.
  • Located at 91 River Rd, Lisbon, CT 06351, on a 1.1-acre lot with 105+ feet of road frontage.
  • Features two buildings, including a former veterinary clinic, with permitted uses including retail, bank, and office space.
  • Class B property built in 1957, offering excellent visibility and easy access near I-395 and the Lisbon Landing retail district.
  • Strong surrounding businesses include McDonald's, AutoZone, and Citgo. The seller will consider build-to-suit or land lease options.

Property Details for 91 River Rd

Property type
Retail properties, Restaurants
Square Feet
3,446 SF
Class
B
Year Built
1957
Buildings
2
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Griswold
County
New London
State
Connecticut
Latitude
41.592425465989
Longitude
-71.991053767413
91 River Rd, Griswold, Connecticut

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91 River Rd
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