For Sale
$699,000

863 Norwich-New London TpkeMontville, CT 06382

2400 SF Freestanding Retail Space, CT

Overview

Added:
Dec 11, 2024
Days on market:
115
This 2,400 square foot freestanding retail building in Montville, Connecticut, is available for sale at $699,000. Located on 0.6 acres at 863 Norwich-New London Turnpike (zip code 06382), this single-story, 1970-built structure sits in a high-traffic area with approximately 7,700 cars passing daily. The property is zoned C1 and offers a triple net (NNN) lease option with a 3% annual increase over a flexible ten-year term, including possibilities for shorter leases, lease-to-own arrangements, and renewal terms. While previously a gas station and convenience store (now prohibited), the building is suitable for various uses, including bank, pharmacy, QSR, bakery, commissary, medical/professional office, retail store, smoke shop, deli, and more. Special permits may allow for automotive sales/repair and brewpubs. The tenant credit is rated, and the building is currently vacant. This presents a unique opportunity for a variety of businesses seeking high visibility and convenient access to major roadways and other amenities. The property features one unit and is easily accessible from major highways, shopping centers, and restaurants.

Highlights

  • 2,400 SF freestanding retail building in Montville, CT, for sale at $699,000.
  • Located on 0.6 acres at 863 Norwich-New London Turnpike (06382), in a high-traffic area (7,700 cars daily).
  • Single-story, 1970 construction; C1 zoning.
  • NNN lease options available, 3% annual increase, flexible 10-year term, with shorter lease and lease-to-own possibilities.
  • Suitable for various uses including retail, medical/professional office, and food service; special permits may allow automotive and brewpubs.
  • Currently vacant; tenant credit rated.

Property Details for 863 Norwich-New London Tpke

Property type
Retail properties, Drug stores
Square Feet
2,400 SF
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
1

Location Insight

City
Montville
County
New London
State
Connecticut
Latitude
41.448956440941
Longitude
-72.105921967236
863 Norwich-New London Tpke, Montville, Connecticut

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
863 Norwich-New London Tpke
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message