1026 Long Cove Rd, Ledyard, CT 06335

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List Price
$499,900
Status
ACTIVE
MLS#
24216350
Year Built
1840
Bathrooms
2
Acres
0.93
Living Area
3,617
Neighborhood
Gales Ferry

Property Description

Presenting a premier commercial investment opportunity located at the highly visible corner of Route 12 and Long Cove Road. This stabilized property features five fully rented retail and office spaces. Anchoring this prime intersection, the building guarantees unmatched daily exposure. An illuminated sign at the street clearly displays each business name, acting as a continuous marketing beacon. Accessibility is superior thanks to a dedicated traffic light right at the intersection. This signalized corner ensures frictionless and safe entry and exit, eliminating common traffic bottlenecks. Complementing this access is a generous 25-space parking lot, providing ample capacity for the customers and employees of all five businesses. The interior spaces are designed to attract high-quality tenants while minimizing landlord overhead. Each suite operates independently with its own private entrance, affording business owners autonomy. Inside, upgraded wood floors elevate the professional aesthetic. Tenant comfort is guaranteed with individual air conditioning units, along with the convenience of dedicated private bathrooms for each space. Operationally, this building is optimized for maximum profitability. All utilities are separated and independently metered. Crucially, the property is secured by five separate yearly Triple Net leases. With tenants paying taxes, insurance, and maintenance in addition to base rent, this is a streamlined, highly predictable income-generating as

Additional Information

Taxes
$5,991
Lot Size
40,510
Heating
Hot Water
Cooling System Type
Ductless Mini-Split
Sewer
Septic Tank
Water Source
Public

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Listing courtesy of Jennifer Obrey from RE/MAX Legends. (860) 625-3824 (860) 451-8000

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