766 Broad St Ext Waterford, CT 06385-1345
This exceptional 1,348 square foot office building, located at 766 Broad Street Ext in Waterford, Connecticut, presents a fantastic opportunity for a single tenant. Situated on a 0.9-acre lot, this two-story building offers excellent visibility and accessibility. Constructed in 1920, the property boasts a classic charm combined with modern functionality. The building features a total of 1,348 square feet of space, currently entirely vacant and ready for immediate occupancy. The first floor comprises two private offices, a welcoming reception area, and a convenient bathroom. Upstairs, three additional offices provide ample space for expansion or individual work areas. Eleven off-street parking spaces are available, ensuring convenient parking for both employees and clients. The property's strategic location near I-95 and within the bustling shopping district of Waterford and New London offers unparalleled convenience and exposure to a high volume of traffic. Ideal for a variety of businesses, including small businesses, salons, medical offices, or retail establishments, this property is a must-see for any entrepreneur seeking a prime location to establish or expand their operations. The monthly lease rate is $1,500. The property is located in New London County.
Neighborhood Business District is intended to promote business related uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
NB · Waterford, CTNeighborhood Business District is intended to promote business related uses.
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.