NOMADEReal Estate

$545,000

ClosedSold

19 Pearl Street

Groton, Connecticut, 06340 · New London County

3,657

Sq Ft

1891

Built

MLS # 170419998

Price / Sq Ft

$149

Property Type

Commercial For Sale

Lot Size

0.22

Class

Property

About This Property

Great opportunity to purchase an investment property in the Village of Noank within walking distance to all area amenities. The main floor is currently Leased by a long running liquor store and the 2nd and 3rd floor is a large 3 bedroom apartment. The commercial space is legally 2 separate storefronts and is currently combined and being used as one space totaling 1650 square feet and is heated and cooled with ductless units. The apartment spans over 2 floors and comprises of 1260 square feet of living space with a large deck off the kitchen and updated oil furnace. Out of the flood zone with plenty off street parking, this unique property offers so many options for owner occupant or pure investment.

Property Details

19 Pearl Street, Groton Connecticut 06340 — Commercial For Sale listed at $545,000.

At a Glance

--

Bedrooms

--

Bathrooms

3,657

Sq Ft

0.22

Lot Size

--

Garage

1891

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew London
Address19 Pearl Street
MLS Number170419998
Year Built1891
Square Footage3,657
Lot Size0.22
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value283220
Mil Rate Total27.94
Property Tax7633
Tax YearJuly 2020-June 2021

Building Details

Ceiling Height8
Numberof Restrooms2
Numberof Stories3
Sq Ft Residential1259
Sq Ft Retail1650
Sq Ft SourcePublic Records
Total Numberof Units3
Unit Count2

Property Features

Cooling SystemDuctless
Exterior FeaturesGutters,Lighting,Pole Sign,Sidewalk
FlooringCeramic Tile,Vinyl,Wall-to-Wall Carpet,Wood
Foundation TypeBlock,Stone
Garage ParkingOff Street Parking
Heat Fuel TypeOil
Heat TypeBaseboard,Heat Pump
Roof InformationAsphalt Shingle

All Photos (40)

MARKET CONTEXTGroton
Town Median+68% vs list
$325,000
Groton, CT
Mill Rate
24.17
New London County
NYC Commute
145 min
door-to-door estimate
Schools
B
1 graded
LOADING COMP CLOUD…

This listing is +68% vs the Groton median. Verify against same-school-district comps before competing offers.

Contact Jon Arruda

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Affordability Calculator

$545,000

Down Payment$109,000
Loan Amount$436,000
Principal & Interest$2,756/mo
Property Tax$545/mo
Insurance$100/mo
Est. Monthly$3,401/mo

Listing Agent

J

Jon Arruda

Arruda Real Estate Associates

Quick Facts

StatusClosed
TypeCommercial For Sale
ClassProperty
MLS #170419998
Last Updated2021-09-05