1 New London Road, Salem, Connecticut 06420

$1,590,000
23,320
SqFt
List Price
$1,590,000
Status
ACTIVE
MLS#
170264674
Price Change
▼ $400,000 1596670628
Year Built
1988
Acres
20.6
Living Area
23,320

Property Description

Salem Town Center with 18 units (rental spaces) located on very busy commuter Rt 85 (New London Rd.) Active businesses include a well known Donut shop, Liquor Store, Sandwich Shop, Pawn Shop, Music Store, Nail Salon, Chinese Restaurant, smoke shop and a number of other unique, long standing tenants. Huge lot 20.60 Acres, 75+ parking spaces, Year Built 1988. Gross Leasable area 18,100 Sqft, Gross building sqft 23,320. Great Investment Opportunity! Convenient to Mohegan Sun. Please note: information on the public record may not be accurate, buyer's must do their own due diligence. Please note: The information on this listing is provided by the public record and the owner. It is not guaranteed. Buyers must do their own due diligence.

Additional Information

Taxes
$36,537
Lot Size
897,336
Heating
Hot Air
Fuel Type
Propane
Cooling System Type
None
Sewer
Septic
Water Source
Private Well

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Kinard Realty Group.