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Property profile & analytics
OFF-MARKET
Commercial real estate

766 Broad St Ext Waterford, CT 06385-1345

0.09 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US15-0375576
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.09 ac (3,920 SF)
Zoning code NB
APN WFRD M:100 L:1169
UPID US15-0375576
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tolmach LLC · 2 yrs held
Tolmach LLC
since 2024
Last sale
$262,500
4 recorded transactions
2024
Price N/A
1998
Price N/A
1993
Price N/A
1990
$262,500
Zoning & alternative use
NB · Waterford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Neighborhood Business District is intended to promote business related uses.

Zone name Neighborhood Business District
General category COMMERCIAL
Zone area 47.67 ac
Source Realmo
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