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464 Ocean, New London, CT 06320
   
464 Ocean, New London, CT 06320
INVEST,OFFICE,RETAIL | Grocery store and office space | 14,388 Sqft

$750,000
1350 Days on Market - Active


New price steel frame building allowing flexable design.2 separate parcels at 464 ocean ave and adjoining 104 school st . 464 ocean consists of mediterranean grocery on 1st floor. 2nd and 3rd floors are set up for office space with carpets and wide halls. parking approx 28 spaces. original home of ocean medical and 2 blocks south of lawrence and memorial hospital.. prime location.

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Details
  • 10 Units
  • 0 Loading Docks
  • 0.37 Acres
  • Built in 1957

Sqft
  • 14388 Total Sqft
  • 3500 Sqft of Retail
  • 7000 Sqft of Office

Parking
  • 30 Total Spaces
  • 30 Uncovered Spaces

Location
  • Level Lot
  • 160 Frontage
  • TOWN

Business

    Financials
    • $72,000 Gross Income
    • $49,679 Expenses

    Utilities
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $518,070 Assessment
    • 37.24 Mill Rate
    • $19,293 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170318159

    Real Estate Agent
    • Agent: Norm Krayem
    • Broker: Berkshire Hathaway Ne Prop.
    • Phone: (860) 235-9222


    Map of 464 Ocean, New London, CT 06320

    Directions to 464 Ocean, New London, CT 06320
    I 95 to Colman St to Ocean Ave

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $750,000   |   Downpayment @ 20.00%: $150,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $5,668


    Monthly Cost Estimate: $5,668
    • Mortgage: $4,061
    • Taxes: $1,608
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $68,020
    • Mortgage: $48,727
    • Taxes: $19,293
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $2,190,588
    • Mortgage: $1,461,798
    • Taxes: $578,790
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $150,000

    Go To Mortgage Calculator


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    This real estate listing for sale at 464 Ocean is presently used as with 14388 total sqft and was built in 1957. It is located in the New London, CT area with the 06320 zip code. For more info about the property at 464 Ocean, New London, CT 06320 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.