Our mobile site is optimized for smaller screens.


      262 Route 163, UncasvilleMontville, CT 06382MLS Number E10215085

      • Price: $279,900The price has recently decreased
      PrintSave Favorite
      Price Down Payment Interest Rate Years

      Est. Mortgage: $/month

      Federal 30-year interest rate: 3.94% last updated on 2017-12-21

      This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

      • 1.74Acreage
      • 1945Year Built
      • 3,376Square Feet
      • $11,256Gross annual expense

      Unique opportunity to own a multi-use property and enjoy waterfront! total 4 rental incomes: Units 1 & 2 is a residential 2-family building; Unit 3 is the commercial building currently used for a restaurant (building only, business is not for sale); Unit 4 is a separate commercial parking lot rental currently rented to a trucking repair company. all separate utilities. Public water & sewer hooked up. Good condition with many newer upgrades. All leased with great cash flow! Income of $40,000 yr! Cap rate about 12%! May require a commercial loan if using a lender.

      Listed by and Jan Ledoux of RANDALL, REALTORS-Christie's

      Driving Directions

      Your Local Office

      ShoreViews Real Estate
      249 Pequot Ave
      New London CT, 06320

      Office: 860.443.4976

      More Info

      Basic Information

      • Broker NameRANDALL, REALTORS-Christie's
      • List Price$279,900
      • MLS NumberE10215085
      • Property TypeCommercial For Sale
      • StatusACT
      • TownMontville
      • Gross annual expense$11,256
      • Gross annual income$42,900
      • Commercial catagoryInvestment, Office, Residential Income, Retail, Other
      • ColistofficenameRANDALL, REALTORS-Christie's
      • Also for leaseNo


      • Interior featuresLiving Space Available, Public Restrooms


      • Heat SystemOther, Radiator
      • Heating FuelOil, Propane
      • Water sourcePublic Water Connected
      • Cooling SystemWindow Unit
      • Fuel tank locationAbove Ground
      • Septic approvalNo
      • Septic plan availableNo
      • Sewage systemPublic Sewer Connected

      Tax Information

      • Assessed value$187,310
      • Taxes$5,748
      • Tax YearJuly 2017-June 2018
      • Milrate total30.61


      • RoofAsphalt Shingle
      • Year Built1945
      • AtticNo
      • Garages
      • FlooringVinyl, Wood
      • Garage Parking InfoOff Street Parking
      • Square Feet3,376
      • Restrooms number of4
      • Sqft retail912
      • Stories2
      • Additional space availableNo

      Water Body

      • Waterfront DescriptionFrontage, River
      • WaterfrontNo


      • Bank owned propertyNo

      Basic Information

      • Agent IDepizzij, ELEDOUXJ


      • CountyNew London
      • NeighborhoodUncasville
      • StateCT
      • Zip06382


      • Acreage1.74
      • Lot DescriptionLevel Lot, Open Lot
      • Parking Spaces18
      • Parking spaces covered
      • Parking spaces uncovered18
      • Parking spaces per 1000sqft
      • FloodzoneNo
      • Road Frontage632
      • Environmental assessmentUnknown
      • SwimmingpoolNo


      • ExclusionsBusiness not included, only building is for sale
      • Lease purchaseNo
      • Purchase optionNo
      • Landlord responabilityHeat, Real Estate Taxes, Roof Maintenance, Structural Maintenace, Trash Service
      • Inventory includedNo
      • SubdividableNo
      • Net operating income31644
      • Radon mitigation airNo
      • Radon mitigation waterNo
      • Space is leasedNo
      • Present useResidential 2-family, diner, commercial parking lot
      • Potential useMany options
      • View Count5

      Ask A Question

      Do not fill in this field:

      Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

      Do not fill in this field:

      Do not fill in this field:

      Do not fill in this field:

      Do not fill in this field:

      Do not fill in this field:

      Do not fill in this field:


      Do not fill in this field: