Link Representative For Property
Affiliated Company
Better Homes & Garden Formerly Kinard Realty Group
Asset Focus
Office
Multifamily
Mixed Use
Industrial
Listing Data Provided By
Address
1 New London Road Salem Connecticut 06420
Building/Land Information
Property Type
Retail
Property Subtype
Strip Center
Property Classification Description
Retail
Zoning
B
Lot Size Acres
20.60
1 New London Road, Salem, CT 06420 For Sale $1,990,000
Sale Price Dollars
$1,990,000.00
Market
New London
Submarket
Salem Four Corners
Cross Streets
Intersection of 82 & 85 (Cross St is Shell Gas Station)
Location Description
Salem Town Center with 18 units (rental spaces) located on very busy commuter Rt 85 (New London Rd.) Active businesses include Dunkin Donuts, Liquor Store, Subway, Pawn Shop, Music Store, Pawn Shop, Nails Salon, Chinese Restaurant and a number of other unique, long standing tenants(smoke shop, music store, etc.) Huge lot 20.60 Acres, 75+ parking spaces, Year Built 1988. Gross Leasable area 18,100Sqft, Gross building sqft 23,3220, Living area sqft 20,544. Great Opportunity to be landlord/ business owner.
Sale Information +-
Sale Description
Salem Town Center with 18 units (rental spaces) located on very busy commuter Rt 85 (New London Rd.) Active businesses include Dunkin Donuts, Liquor Store, Subway, Pawn Shop, Music Store, Pawn Shop, Nails Salon, Chinese Restaurant and a number of other unique, long standing tenants(smoke shop, music store, etc.) Huge lot 20.60 Acres, 75+ parking spaces, Year Built 1988. Gross Leasable area 18,100Sqft, Gross building sqft 23,3220, Living area sqft 20,544. Great Opportunity to be landlord/ business owner.
Power
Gas / Propane
Gas Description
Hot Air Heat fueld by propane
Description of Power
Available
Water
Water Description
Private Well, Septic
Commission %
2.00