27 Broad Street

office

27 Broad Street

New London, Connecticut 6320

Price

$849,000

Price/SF

$154.08/SF

Building Size

5,510 SF

Lot Size

0.31 acres

Year Built

1900

Units

5

Property Description

Dental-anchored 5-unit mixed-use in downtown New London, 100% leased. Established dental practice pays $53K+/yr - plus four apartments above (two 2BR/1BA, two 1BR/1BA) with heat & hot water included. Residential rents below market; proforma NOI ~$74K on ~$135 gross. Walkable to rail, waterfront & downtown. Full financial summary attached; figures are estimates subject to buyer's independent due diligence. Turnkey income with real upside.

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Additional Details

Zoning

C-1

MLS Number

24191402

Property ID

d1a9458e-b23f-415c-a777-ba78a7cc5049

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MLS Information

MLS#: 24191402

Listed by: Compass Connecticut, LLC

Agent: Jason Pollard • (860) 287-1976 • jason@bmpinvestoragent.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.