Colchester, CT 06415,16 Doctor Foote Road

$1,100,000

Est. payment /mo

$1,100,000

Est.Price: ?

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16 Doctor Foote Road Colchester, CT 06415

6 Baths

22,609 SqFt

SOLD DATE : 12/02/2025

Key Details

Sold Price $1,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 22,609 sqft

Price per Sqft $48

MLS Listing ID 24132382

Sold Date 12/02/25

Full Baths 6

Year Built 1940

Annual Tax Amount $23,715

Lot Size 8.110 Acres

Property Description

Exceptional Mixed-Use Property in the Heart of Colchester. A rare opportunity to own a well-maintained, income-producing property with strong development potential. Proudly owned by the same family for over 40 years, this versatile property spans over 8 acres and includes two distinct buildings. Building One: Mixed-Use Residential & Commercial: Unit #1: 2 Bedrooms / 1 Bathroom. Unit #2: 2 Bedrooms / 2 Bathrooms. Studio#3: Includes a shower and sink/cabinet area (no full kitchen). Each unit (except the studio) is separately metered for utilities. The two commercial units in Building One are currently leased and there is about over 3000SF space available for rent. Building Two: Industrial Warehouse: Located at the rear of the property, this expansive structure offers 13,000+SF of industrial space. It is currently leased to a long-term tenant through 2028.The space can be subdivided and leased to additional tenants, significantly increasing income potential. Recent Capital Improvements: New Roof, Updated HVAC Systems, Modernized Electrical & Water Heating Equipment. Situated on 8+ acres with significant Main Street frontage, this property presents exceptional opportunity for expansion or redevelopment: Subdivision potential (investor to perform duediligence). Ample parking and open land create ideal conditions for additional structures or reimagined site use. Perfectly positioned near major highways, shopping centers, and local amenities.location.

Location

State CT

County New London

Zoning TC

Interior

Heating Gas on Gas

Cooling Central Air

Exterior

Utilities Available Electric, Gas, Cable

Roof Type Asphalt Shingle,Composition

Building

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Shy Grahame • Berkshire Hathaway NE Prop.
Bought with Sherry Borgeson • Berkshire Hathaway NE Prop.
Demian DeVega

Demian DeVega

Agent

+1(860) 625-4541

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