43 Jay Street

New London, Connecticut 06320

Status
For Sale
Square Feet
10,443
Beds
0
Price
$1,100,000
Type
Commercial For Sale
Garages
Baths
1
MLS
24108373

Price

$1,100,000

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Interior Details

Interior Size
10,443 Sq Ft
Bedrooms
0
Bathrooms
1
Rooms Total
Garage

Exterior Details

Lot Size
0.61 Acres
Roof
Other
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Ceiling Fans

Other Information

Property Tax
$10,399
Assessed Value
$368,900
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

43-49 Jay Street offers a versatile commercial property. The site includes two buildings totaling over 11,900 SF, with significant potential for continued industrial use or redevelopment. The main building is 10,443 SF currently configured as a custom woodworking facility with ceiling heights over 10' and a 600-volt, 400-amp, 3-phase electrical service with circuit breakers. There is a 10' x 10' overhead drive-in door for loading and multiple office areas at the front of the building. The main building is heated by a gas powered wall unit and has upgraded LED lighting throughout. There is public sewer and water to the property. The secondary building is a 1,495 SF detached garage which is heated by propane. The overall site is C-1 General Commercial zoned allowing a range of commercial, retail, service, and light industrial uses. The site has parking for approx. 26 vehicles and has convenient access to major routes and area amenities. Suitable for woodworking, automotive repair, contractor operations, warehousing, or other business needs. Seller previously explored plans for a 40-unit residential apartment building (2021); buyers would need to re-verify development feasibility with the city. This property offers substantial existing infrastructure and flexible options for owner-occupants, investors, or developers.
Listed by William Pitt Sotheby's Int'l, Lisa Romano. Data sourced from SmartMLS

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