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516 Vauxhall Street

New London, CT 06320

$850,000 PRICE
1/5 Baths
9,870 Sqft
0.54 Acres
1986 Built
$86 Price/Sqft

It is exciting to bring this 9, 870 sq. ft., Class B, Professional Office Building to the market. This two-story wood frame building is a fantastic opportunity for business owners or investors. Located on a corner lot, there is easy access from I-95. Situated on two heavily traveled municipal streets, it features 2 driveway cuts and plenty of parking. The paved lot includes 31 marked, off-street parking spaces. Inside, the building has 6 spacious office suites, 3 on each floor. Every suite has its own private half-bathroom, making it convenient for tenants and employees. With separate front and rear entrances, you will find carpeted staircases leading to each floor, ensuring a comfortable and professional atmosphere. Each suite operates independently with its own electric meter, giving tenants control over their utilities. The property also includes a seventh electric meter for house utilities. Additionally, there are 6 natural gas meters and 6 air conditioning compressors, ensuring every space is individually climate controlled. Every suite also comes with its own natural gas-fired furnace and hot water heater, providing efficient heating and hot water. Whether you're looking for a property to occupy yourself, with additional income producing tenants or simply seeking an investment opportunity, this building is must-see. Schedule your private tour today before it's GONE!

Additional Information

ADDITIONAL INFORMATION

ACRES: 0.54
AREA TYPE: Highway Access, Suburban
EXCLUSIONS: To be discussed with serious Buyer when NDA has been signed.
FRONTAGE: 442
GARAGE: Paved, Off Street Parking, Driveway
HANDICAP FEATURES: Exterior Curb Cuts, Hallways 36+ Inches Wide, Handicap Parking
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 9,870
PRESENT USE: Office
PROPERTY TAX: $20,886
ROAD FRONTAGE: 442
ROAD FRONTAGE DESCRIPTION: Municipal Street, Paved Road
SEWER: Public Sewer Connected
TAX AMOUNT: $20,886
UNIT COUNT: 6
UTILITIES AVAILABLE: Electric, Gas, Telephone, Cable
YEAR BUILT: 1986
ZONING: C-2

INTERIOR FEATURES

AIR CONDITIONING: Central Air
COOLING: Central Air
FULL BATHS: 1
FURNACE TYPE: Natural Gas
HALF BATHS: 5
HEAT: Natural Gas
HEAT FUEL: Natural Gas
LIVING SQFT SOURCE: Public Records
STORIES: 2
TOTAL BATHS: 6

EXTERIOR FEATURES

EXTERIOR FEATURES: Sidewalk,Lighting
ROOF: Asphalt Shingle

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New London

Shoreline, Connecticut

A historic whaling port, New London is a charming city located at the mouth of New London County’s Thames River and plays host each year to Sailfest. Its Ocean Park Beach is a prime destination for those...

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William Pitt Sotheby's International Realty