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43 Jay Street, New London, CT 06320
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$850,000
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Home Details for 43 Jay Street
Price
$850,000
Type
Commercial/Industrial
Total Bathrooms
3
Full Bathrooms
3
Year Build
1910
Lot Size
0.61
County
New London
Tax
$10,399
MLS®️ Listing#
24108373
On exitrealty.com
171 days
Property Description
43-49 Jay Street offers a versatile commercial property. The site includes two buildings totaling over 11,900 SF, with significant potential for continued industrial use or redevelopment. The main building is 10,443 SF currently configured as a custom woodworking facility with ceiling heights over 10' and a 600-volt, 400-amp, 3-phase electrical service with circuit breakers. There is a 10' x 10' overhead drive-in door for loading and multiple office areas at the front of the building. The main building is heated by a gas powered wall unit and has upgraded LED lighting throughout. There is public sewer and water to the property. The secondary building is a 1,495 SF detached garage which is heated by propane. The overall site is C-1 General Commercial zoned allowing a range of commercial, retail, service, and light industrial uses. The site has parking for approx. 26 vehicles and has convenient access to major routes and area amenities. Suitable for woodworking, automotive repair, contractor operations, warehousing, or other business needs. Seller previously explored plans for a 40-unit residential apartment building (2021); buyers would need to re-verify development feasibility with the city. This property offers substantial existing infrastructure and flexible options for owner-occupants, investors, or developers.
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Listing Courtesy: William Pitt Sotheby's Int'l - (860) 508-2446. Presented by: Lisa L. Romano
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