16 Dr Foote Rd - Light Manufacturing FOR SALE


Colchester, CT 06415- Northwest New London/Colchester
$1,300,000 USD
617-899-8202
16 Dr Foote Rd, Colchester, CT for Sale
$1,300,000 USD
Light Manufacturing - FOR SALE
1/35
null | Request Cap Rate

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OVERVIEW

Exceptional Mixed-Use Property in the Heart of Colchester. A rare opportunity to own a well-maintained, income-producing property with strong development potential. Proudly owned by the same family for over 40 years, this versatile property spans over 8 acres and includes two distinct buildings. Building One: Mixed-Use Residential & Commercial: Unit #1: 2 Bedrooms / 1 Bathroom. Unit #2: 2 Bedrooms / 2 Bathrooms. Studio#3: Includes a shower and sink/cabinet area (no full kitchen). Each unit (except the studio) is separately metered for utilities. The two commercial units in Building One are currently leased. Building Two: Industrial Warehouse: Located at the rear of the property, this expansive structure offers 13,000+SF of industrial space. It is currently leased to a long-term tenant through 2028. Recent Capital Improvements: New Roof, Updated HVAC Systems, Modernized Electrical & Water Heating Equipment. Situated on 8+ acres with significant Main Street frontage, this property presents exceptional opportunity for expansion or redevelopment: Subdivision potential (investor to perform due-diligence). Ample parking and open land create ideal conditions for additional structures or reimagined site use. Perfectly positioned near major highways, shopping centers, and local amenities, this property combines location, flexibility, and income-generating all in one investment.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

9.82

LAND SF

427,759

ZONING

Commercial

APN/PARCEL ID

COLC-000012-000000-000013

ASK ABOUT THIS PROPERTY

Nadia GoracyBerkshire Hathaway New England PropertiesMore Info
617-899-8202

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Nadia GoracyBerkshire Hathaway New England PropertiesMore Info
617-899-8202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.