Mixed-Use Building with Dental
27 Broad Street New London, CT 06320
New
27 Broad Street, New London, CT, 06320
$899,000
For Sale
$899,000
Five-unit Victorian brick building with a ground-floor dental practice and four residential units, fully occupied.
Property Size5,510 SF
Price / SF$163.16
Days on Market6
Property Features for 27 Broad Street
General Information
- Standard status
- Active
- Size
- 5,510 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing Agency
Compass Connecticut, LLC
(860) 572-9099
Listed by
JASON POLLARD
Source
Corcoran
Added: Jul 15 Checked: Jul 20 at 3:23 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Connecticut, LLC
Investment Insights
Based on property information with market context.
This five-unit Victorian brick mixed-use building, built circa 1900, is fully occupied and designed with a ground-floor commercial component supported by four residential units above. The ground floor is leased to a long-term professional dental practice. The four residential units consist of two 2-bedroom/1-bath apartments and two 1-bedroom apartments, all currently occupied, with heat and hot water owner-paid. Three of the four residential units have been remodeled with LVP flooring, updated kitchens, and stainless appliances, while the building’s original architectural character is preserved throughout.
The property is located at 27 Broad Street in New London, Connecticut. The building is supported by a stabilized in-place NOI and market-rent pro forma NOI, with operating expenses reported annually. Buyers should review the full financial package in the MLS documents and complete independent due diligence on all figures.
The property is located at 27 Broad Street in New London, Connecticut. The building is supported by a stabilized in-place NOI and market-rent pro forma NOI, with operating expenses reported annually. Buyers should review the full financial package in the MLS documents and complete independent due diligence on all figures.
Key Highlights
- Five‑unit Victorian brick mixed‑use building c. 1900 at 27 Broad Street, New London, CT, fully occupied
- Gross annual income of $111,281 with stabilized in‑place NOI of $70,563 and proforma NOI of $88,233
- 9.81% cap rate at the $899,000 asking price (buyers to verify in MLS documents and conduct due diligence)
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Marcus Capalbo
Dental Office
Elliot Kimmel
Dental Office
Dr. Brian Bottaro
Dental Office
Thames River Dental ...
Dental Office
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FAQs
What type of property is this?
Apartment building - Five-unit Victorian brick building with a ground-floor dental practice and four residential units, fully occupied.
Where is this apartment building located?
The property is located at 27 Broad Street New London, CT.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Five‑unit Victorian brick mixed‑use building c. 1900 at 27 Broad Street, New London, CT, fully occupied; Gross annual income of $111,281 with stabilized in‑place NOI of $70,563 and proforma NOI of $88,233; 9.81% cap rate at the $899,000 asking price (buyers to verify in MLS documents and conduct due diligence)
