Active

977 Hartford Turnpike

Waterford CT, 06385

$475,000


$109.90 per sqft

Active

4 Baths

4,322 sqft

Commercial

Built in 2004

Mixed-use property on Hartford Turnpike "85" With a high traffic count between 95 and 395 interstates. This Waterford location is convenient to most major shopping stores and new developments on 85 including medical centers. The commercial space is currently leased with annual increases until 2026 for renegotiations. There is a Handicapped accessible ramp into the common space with a waiting area reception space, 2 private offices, and a half bath. The second floor has 3 spacious offices. The property is zoned I-G and is currently a publications office. The residential unit has been completed and updated with fresh modern details. There is a grand staircase in the foyer. The formal dining room has tray ceilings, and the kitchen is a chef's dream fully applianced, with double ovens and a large granite Island. The living room is connected in this open concept Floorplan, the parlor leads to the formal living room that is now an entertainment space. The new deck is off the kitchen with a hot tub that can be negotiated. Upstairs you will find 3 spacious bedrooms and a primary ensure with a jacuzzi tub. Separate stand-up shower and a large walk-in closet. This residential space can come completely furnished for an additional cost. This has been a lucrative Airbnb Str rental. Gross earnings for residential in 2024 were $41,760. The commercial Rent for 2024 is $22,932 totaling $62,692 year to date. Lease and earnings are available upon request.

24064116

MLS ID

December 14, 2024

Listed

January 12, 2025

Updated

Map

977 Hartford Turnpike
Waterford CT, 06385

Interior Features

Total Stories

2


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Oil, Propane, Baseboard

Exterior/Building Features

Lot Size

1.5 Acres


Lot Features

Sloped


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

Oswegatchie


Taxes

$7,328


Tax Frequency

Annually


Days on Market

31


Garage

No


Parking

Off Street


Parking Total

15


View

No


County

New London


Water Source

Public


Pool

No


Zoning

Ig

Listing History

Date

Event

Price

1/12/2025

Price change

$475,000

-5%

Listed by Nancy Potts with Coldwell Banker Realty

Listing Contact: 8609611537 

The IDX display contains information sourced from the  Smart MLS, Inc as of 1/12/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025  Smart MLS, Inc all rights reserved.

Data last updated on 1/12/2025 at 11:39 PM UTC

Powered byLuxury Presence