For Sale
$1,199,000

566 Colman StNew London, CT 06320

High-traffic location, paved lot, 0.94 acres.

Overview

Added:
Dec 11, 2024
Days on market:
115
This 0.94-acre commercial lot in New London, Connecticut, presents a unique investment opportunity. Located on Colman Street, this property boasts a prime location within a high-traffic area, averaging approximately 12,000 vehicles daily. The lot is fully paved, well-lit, and features properly installed drainage, ensuring ease of use and maintenance. With a capacity for 150 parking spaces, this property is ideal for a variety of commercial uses. The property is zoned C-2, offering flexibility for potential development. Previously environmentally assessed, this lot is ready for immediate use or development. Its strategic location amongst car dealerships and fast-food establishments guarantees high visibility and accessibility. The asking price is $1,199,000. The property is currently available for sale. Prior lease agreements have expired.

Highlights

  • 0.94-acre commercial lot in New London, CT, environmentally assessed and ready for immediate development.
  • High-traffic location on Colman Street (approx. 12,000 ADT).
  • Excellent visibility surrounded by car dealerships and fast-food restaurants.
  • Clean, paved, and well-lit lot with capacity for 150 parking spaces.
  • Attractively priced at $1,199,000.

Property Details for 566 Colman St

Property type
Land
Lot Size (sq. ft)
40,946 SF

Location Insight

City
New London
County
New London
State
Connecticut
Latitude
41.3657565
Longitude
-72.1169449
566 Colman St, New London, Connecticut

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566 Colman St
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