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89 Viets St 26,727 SF Office Building New London, CT 06320 $4,699,000 ($175.81/SF)
EXECUTIVE SUMMARY
26,727 SF commercial building on 2.13 acres in close proximity to Yale New Haven Hospital, Ocean Beach and downtown New London. There are 40 individual rooms with bathrooms and mini-split HVAC units, 2 large conference rooms, a full kitchen and numerous storage units. Multiple bathrooms and showers in the hall. 4,241 SF finished basement includes bathrooms and meeting rooms, shop space and a laundry room. New roof in 2021 as well as new LED lighting, window treatments and flooring. A 350 KW Diesel Generator on site. Zoned R-3, this property would make an excellent conversion to residential apartments. Previous use was a drug treatment facility. Handicap accessible with parking for 30 cars and potential to add more on acreage. Situated on a cul-de-sac in a beautiful park like setting.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Office
Building Size
26,727 SF
Building Class
C
Year Built
1967
Price
$4,699,000
Price Per SF
$175.81
Tenancy
Single
Building Height
1 Story
Typical Floor Size
26,727 SF
Building FAR
0.29
Lot Size
2.13 AC
Zoning
R-3
Parking
50 Spaces (1.87 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | NLON-000018-000072-000005 | Improvements Assessment | $2,370,700 |
| Land Assessment | $346,500 | Total Assessment | $2,717,200 |
PROPERTY TAXES
Parcel Number
NLON-000018-000072-000005
Land Assessment
$346,500
Improvements Assessment
$2,370,700
Total Assessment
$2,717,200
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89 Viets St
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