Commercial Real Estate in Groton available for sale
Groton NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Groton, CT, USA

More details for 148 Back Rd, Windham, CT - Industrial for Sale

Tennett Tree Services - 148 Back Rd

Windham, CT 06280

  • NNN Property
  • Industrial for Sale
  • $2,180,971 CAD
  • 5,788 SF
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More details for 2 Pratt Rd, Plainfield, CT - Retail for Sale

2 Pratt Rd

Plainfield, CT 06374

  • NNN Property
  • Retail for Sale
  • $3,898,680 CAD
  • 3,000 SF
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More details for 96 Cross St, Westerly, RI - Retail for Sale

96 Cross St

Westerly, RI 02891

  • NNN Property
  • Retail for Sale
  • $2,062,440 CAD
  • 5,476 SF
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More details for 162 E Main St, Clinton, CT - Office for Sale

162 E Main St

Clinton, CT 06413

  • NNN Property
  • Office for Sale
  • $928,098 CAD
  • 4,656 SF
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More details for 105-107 Newtown Ln, East Hampton, NY - Retail for Sale

105-107 Newtown Ln

East Hampton, NY 11937

  • NNN Property
  • Retail for Sale
  • $18,905,699 CAD
  • 10,783 SF
  • Commuter Rail

East Hampton Retail for Sale - Eastern Suffolk

105-107 Newtown Lane (the "Property") is a prime, mixed-use asset in the heart of East Hampton Village. The Property is one of the largest commercial, mixed-use buildings in East Hampton. It includes three street-level commercial units, eight 1 bedroom rented residential apartments, and a separate 4-bedroom, 4-bathroom rental house. The property is fully leased. The property is 9,342 SF (0.21 acres) with 10,900 SF of Gross Floor Area in the main building plus a 3,000 SF of basement space. This 10,900 SF is split roughly into 6,800 SF of residential space and 4,100 SF of commercial space. In addition, the 1150 sf of garage space may be converted to dry retail. The Property has an excellent location on one of East Hampton's main high streets - Newtown Lane. The site is located on Newtown Lane and the corner of Railroad Avenue. It's within short walking distance of Main Street in the Village of East Hampton. East Hampton's train way station is located diagonally opposite the property. This location has driven absorption such that there has not been a vacancy in a decade. Currently the retail/ cafe tenants are Hampton Chutney and Zakura's which has turned this corner property into a true gathering place as a dining destination in East Hampton Village. There are no un-utilized development rights available today however in 2-4 years, the town will install a sewer system which will allow for more density throughout town. Thereafter, we believe additional development opportunities will materialize at that time. A truly showcase commercial asset with great recurring income.

Contact:

HCRE

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-04-13

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