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    179 Colman St New London, CT 06320

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    For Sale
    $1,600,000

    10,856 SF brick structure on almost 2 acres.

    Lot size:
    1.75 Acres

    Property Features for 179 Colman St

    General Information

    Lot size
    1.75 Acres

    Building Details

    Year built
    1900

    Source: East Coast Real Est Assoc. LLC Agent Andrea Laviero Krawiecki

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Briarcliff Manor Redevelopment Opportunity

    This property, known as Briarcliff Manor, features a 10,856 square foot solid brick structure situated on almost 2 acres. The property is currently configured as a Residential Care Facility, but offers redevelopment potential for apartments or other uses. Interior features include a large, open foyer and hallways, complemented by 12-foot ceilings. The building is equipped with a wet sprinkler system and a generator. The property provides easy access and is located in a historical neighborhood. A circular driveway enhances the curb appeal, and additional land is available. The site is suitable for redevelopment into apartments, medical offices, or other ventures.
    Insight Report Location Intelligence

    Current Use by Public Records

    Briarcliff Manor Retirement Home

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Briarcliff Manor, House of Divinity, Sunrise Northeast Group Home, Sunny Lodge Inc, Seaview Apartments Group Home

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.112882
    Latitude
    41.352534

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    FAQs

    What type of property is this?
    Assisted living facility - 10,856 SF brick structure on almost 2 acres.
    Where is this assisted living facility located?
    The property is located at 179 Colman St New London, CT.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 10,856 sq ft solid brick structure on almost 2 acres.; - Redevelopment potential for apartments, medical offices, or other uses.; - First time available in Briarcliff Manor.
    (860) 478-9444
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    179 Colman St New London, CT 06320
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    New London, CT 06320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    179 Colman St New London, CT 06320
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