Investment Property In Stonington Listed For $3.495 Million

STONINGTON-MYSTIC, CT — This property located at 19 Old Stonington Road is currently on the market for $3.495 million.

• Address: 19 Old Stonington Road, Stonington, CT
• Price: $3,495,000
• Square feet: 12090
• Listing Description: INVESTMENT PROPERTY - TURN-KEY SUCCESSFUL BUSINESS AND DEVELOPMENT SITE ALL ROLLED INTO ONE! EXCELLENT INCOME AND UPSIDE. LOCAL, ESTABLISHED AND SUCCESSFUL CARPET AND TILE BUSINESS ON FIRST FLOOR WITH REAR LOADING DOCK. MULTI-STATE BUSINESS REACH. EXCELLENT OPPORTUNITY. THIS PACKAGE INCLUDES THE REAL ESTATE WITH 4 - 2BR/2BA NEW MINT CONDITION FURNISHED APARTMENTS FEATURING TILE, QUARTZ AND WOOD THROUGHOUT ON THE SECOND FLOOR (WITH ELEVATOR) THAT CAN BE RENTED ON VRBO/AIRBNB OR ANNUALLY. THIS PACKAGE
• ALSO INCLUDES A TURN KEY BUSINESS AND THE OPPORTUNITY TO BUILD ANOTHER BUILDING ON THIS PROPERTY. APPROVAL IN PROCESS FOR THE ADDITIONAL STRUCTURE TO BE BUILT ON THIS PROPERTY. THE 4 BEAUTIFULLY FURNISHED 2BR/2BA APARTMENT RENTALS HAVE A MANAGEMENT COMPANY IN PLACE. WELL RUN AND MAINTAINED. PRIME LOCATION WITH GROWTH POTENTIAL. EXCELLENT PARKING. PARTIAL OWNER FINANCING TO QUALIFIED BUYER. CALL FOR DETAILS.

Listed by: Judith Caracausa, Market Realty, Llc

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