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196 New London Tpke 2,679 SF Office Building Glastonbury, CT 06033 $1,265,862 CAD ($472.51 CAD/SF)
Investment Highlights
- Rare mixed-use offering in Glastonbury’s Town Center (TC) zone.
- Outstanding visibility with approximately 146 feet of frontage.
- Ample parking and excellent access to surrounding commercial districts.
- Two-building setup provides flexibility for investors, owner-occupants, or live/work users.
- Strong income potential.
Executive Summary
Unique mixed-use opportunity in Glastonbury's Town Center (TC) zone. This property features two buildings offering flexible commercial and residential potential. The front building is a residential home that is also commercially zoned, allowing residential, office or retail space. The rear building offers additional commercial space suitable for a variety of businesses including fitness or yoga studio, spa or salon, medical, office or workshop possibilities. Excellent visibility along New London Turnpike with approximately 146 feet of frontage and strong exposure to high volume daily traffic. Ideal for investors, owner-occupants, or businesses seeking a live/work setup. Projected rental potential of approximately $3,000/month for the front building and $2,000/month for the rear building. Ample parking and convenient access to surrounding commercial areas and major routes. Glastonbury is one of Connecticut's most desirable areas, and opportunities to invest in the town's hub are rare. Bring your vision and unlock this property's full potential. Schedule a tour today.
Front Building AC is ~6-7 years
Boiler ~20+ years
Water Heater ~10 years
Back Building
HVAC is ~10-12 years
Windows/Doors ~10 years
New LED lighting
Freshly painted
Roof on both buildings is ~10 years
Front Building AC is ~6-7 years
Boiler ~20+ years
Water Heater ~10 years
Back Building
HVAC is ~10-12 years
Windows/Doors ~10 years
New LED lighting
Freshly painted
Roof on both buildings is ~10 years
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,679 SF
Building Class
B
Year Built/Renovated
1990/2014
Price
$1,265,862 CAD
Price Per SF
$472.51 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
800 SF
Slab To Slab
9’
Building FAR
0.14
Lot Size
0.43 AC
Zoning
TC - Town Center (TC) Allowing a flexible mix of residential, office, medical, wellness, and service-oriented uses subject to town approvals.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | GLAS-000006D-004760-S000007 | Improvements Assessment | $275,068 CAD |
| Land Assessment | $312,976 CAD | Total Assessment | $588,044 CAD |
Property Taxes
Parcel Number
GLAS-000006D-004760-S000007
Land Assessment
$312,976 CAD
Improvements Assessment
$275,068 CAD
Total Assessment
$588,044 CAD
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196 New London Tpke
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