Professional office suite located on the 3rd floor of Waterford Professional Building that is accessed via an elevator or stairs. Approximately 1,008 SQ FT comprised of 4 offices, waiting area, 1/2 bathroom, & a small supplies area. Three of the offices are leased, the 4th office is being used as storage. Their is a shared waiting area. Monthly condo association fee is $479.00, real estate taxes are $105 monthly or $1,264.00 yearly. The landlord states the monthly expenses total $584.00, tenants pay for their own electricity. Water is included in the condo association fee. Monthly rental income is $1,450.00, net monthly income is $866.00, annual income is $10,392.00. Listed for sale at $79,000.00, owner states a 13% Cap Rate. Since the offices are occupied all showings must be scheduled in advance.
Opportunity knocks at the door of this expansive brick, one level commercial building, over 3,000 sq.ft. of versatile space. Well maintained from roof to mechanicals, other than personal needs/preference, this building is turn key. Current owner occupant would highly prefer to secure a lease with the new property owner if that fits their investment profile. (Terms TBD) If not, exit timeline negotiable. There are no current leases in place for new owner to absorb. Listing attachments include floor plan, approximate room sizes, C-G zoning parameters for varied uses. Ideal for wellness/professional office needs. Back "yoga room" offers countless options. Looking to live in your work place? This convenient, high traffic location along bus lines, 5-6 minutes to the downtown train station is ideal for work/life combo. High walk score near shopping, minutes to EB and L&M Hospital. Reallocation of space for multiple uses appears user friendly. Full basement and walkup attic are a plus for storage. Attachments reflect updates. 15 on site parking spots. Doesn't get much better than this!
This 4.9-acre waterfront industrial and redevelopment property offers active rail access and excellent regional connectivity. The site includes direct rail service into the property and warehouse and features four industrial/commercial buildings totaling approximately 51,000 square feet. Improvements include gated entry, perimeter fencing, extensive asphalt paving, warehouse space, offices, and storefront components, allowing for immediate industrial or warehouse use. Located in a residential neighborhood with water views and water access, the property maintains strong access to Route 32, Route 12, I-395, and I-95, supporting logistics, distribution, and commuter access. Zoning allows warehouse and distribution, rail-served industrial operations, marine or boat storage and service, commercial use, or residential redevelopment. Current zoning supports up to 40 residential units, with potential for additional density subject to approvals. Demand is driven by proximity to Electric Boat, Pfizer, the U.S. Coast Guard Academy, Connecticut College, Mitchell College, and the New London Naval Base. The property is may be leased, repositioned, or redeveloped, offering multiple strategies on a rail-served waterfront asset.
Waterford is located in Connecticut. Waterford, Connecticut has a population of 19,558. Waterford is more family-centric than the surrounding county with 29.89% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Waterford, Connecticut is $95,880. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Waterford is 46.6 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 50.1 inches per year, with 26.3 inches of snow per year.
