1. Connecticut
  2. Montville
  3. 1531 Route 163
$500,000

1531 Route 163, Montville, CT 06370

  • 9,661 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon1.1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $52/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Great opportunity to own a flexible commercial property right at the busy corner of Route 163 and Route 82 in Montville. Sitting on 1.1 acres, this spot includes two buildings with a total of 9,661 SF and large overhead doors-perfect for auto, service, or light industrial use. Part of the space is rented to a longtime tenant, Ed's Car Sales & Repair, bringing in steady income. With easy access to I-395 and just a short drive to Mohegan Sun, this location gets solid traffic and great visibility. Whether you're expanding your business or investing, this property has a lot to offer. Currently laid out as 3 units but could be as many as 6 with minimal buildout required. Sign shop and auto business are the current users of the two buildings. AC in the office only in Building #1, also has hot air furnace. Building #2 has 2 forced air modines. 2 Buildings-9,661 SF, Acres: 1.1,Building #1: 3,515 SF, 4 overhead doors: All 9.5'x8', Building #2: 6,146 SF, 10 overhead doors: (4) 9.5'x8', (5) 7'x14', (1) 7'x10', Portion of building leased month-to-month for $1,248.51 for 30+ years to Ed's Car Sales & Repair, Heating: Propane, Well & 2 Septic Tanks Frontage: 344 Ft. on Route 163, 258 Ft. on Route 82, Zone: C-1, Taxes: $9,631.44, Traffic Count: 4,900, Year Built:1971, At busy intersection with traffic light, on corner, 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun.

Listing Status:
Pending
Date Added:
April 17, 2025 at 06:20PM
Listing Office:
Houlihan Lawrence : (914) 361-1065
Listing Agent:
Stephen Mele : (914) 438-1399
MLS ID:
24085894
  • A/C: Central Air
  • Heating: Hot AirOtherPropane
  • Roofing: Asphalt Shingle
  • Road/Access: State Road
  • County: New London
  • Zoning: C-12433713
  • Current Use: Auto Business & Sign shop
  • Utilities: Electric
  • Water: Private Well
  • Sewer: Septic

This listing courtesy of Stephen Mele, Houlihan Lawrence

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oakdale Elementary School

30 Indiana Cir, Oakdale, CT, 06370

Grades KG-5

2.17 miles away

L

Leonard J. Tyl Middle School

166 Chesterfield Rd, Oakdale, CT, 06370

Grades 6-8

3.66 miles away

M

Montville High School

800 Old Colchester Rd, Oakdale, CT, 06370

Grades 9-12

3.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.