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Commercial Land with Existing Building
New
For Sale
$700,000

91 River, Lisbon, CT 06351

Level, buildable parcel with an existing office building and basement apartment near the Lisbon Landing retail district.

Property Size1,957 SF
Days on Market5

Property Features for 91 River

General Information

Standard status Active
Size 1,957 SF
Property subtype Commercial
Lease Term Listing ID: 24215481, Standard Status: Active, MLS Status: Active, 1 day on market

Building Details

Building Size 1,957 SF
Year Built 1957
Listing Agency: Signature Properties of N.E.
Listed By: Norman Peck · License #RES.0528743
Source: Iverty
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 20 at 4:50PM

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 Signature Properties of N.E.

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Investment Insights

Based on property information with market context.

This 1.1-acre commercial land parcel includes a 2,072-square-foot office building constructed in 1957 and one basement apartment. The site is level and described as buildable throughout, with an area available to expand parking. The building is also offered for lease, and build-to-suit or land-lease arrangements are available from the owner.

The property is just off I-395 near the Lisbon Landing retail district, with 105+/- feet of road frontage and reported traffic counts of 8,400 ADT. Nearby businesses include McDonald's, Auto Zone, Citco, and two other convenience stores.

Key Highlights

  • 1.1‑acre parcel with 105+/- feet of road frontage
  • 2,072 SF office building and one basement apartment
  • Constructed in 1957

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Auto Parts Store Building Supply Furniture & Home Goods Grocery & Convenience Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby

Demographics for 06351, CT

15,609
Population
6,864
Households
2.3
Avg Household Size
44
Median Age
19%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
297
Density / Sq Mi
$84,107
Median Household Income
$46,649
Median Earnings
$1,115
Median Rent
$276,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Level, buildable parcel with an existing office building and basement apartment near the Lisbon Landing retail district.
Where is this commercial land located?
The property is located at 91 River Lisbon, CT.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1.1‑acre parcel with 105+/- feet of road frontage; 2,072 SF office building and one basement apartment; Constructed in 1957
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