1031 Norwich-New London Tpke Montville, CT 06382
This Montville, Connecticut property, located at 1031 Norwich-New London Turnpike (Route 32), offers exceptional retail and office space opportunities. The 10,400 square foot building sits on 6.23 acres of land and is classified as Class B. Currently, there are 2,400 square feet of vacant space available, divisible into units ranging from a minimum of 800 square feet to a maximum contiguous space of 1,600 square feet. Larger spaces may be available upon request. The property boasts high visibility with an average daily traffic count of 11,000 vehicles. Zoned C-1 Commercial, permitted uses include retail, service businesses, offices, restaurants, and daycare facilities. The building does not have elevators. Rental rates are competitive, with 800 square foot spaces available at $950 per month plus utilities, and 1,600 square foot spaces at $1,900 per month plus utilities. The rental rate for the 2,400 square foot space is to be determined. This property presents a unique opportunity for businesses seeking a high-traffic location in a thriving community. The property is conveniently located just south of Herb's Country Deli on Route 32 in New London County, zip code 06382.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.