Groton, CT 06355,200 Sandy Hollow Road

$710,000

$750,000

5.3%
Est.Price: ?

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Est. payment /mo

7,108 SqFt


SOLD DATE : 12/14/2020

Key Details

Sold Price $710,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 7,108 sqft

Price per Sqft $99

MLS Listing ID 170226676

Sold Date 12/14/20

Year Built 1966

Annual Tax Amount $18,639

Lot Size 1.340 Acres

Property Description

This offering is for 200 Sandy Hollow Road Mystic CT a professional office building home to two health care providers. The property is directly off of Exit 89 I-95 North and boarders the I-95 Exit and I-95 ROW. Currently there are two tenants, The Hartford Health Care Group and Thames Eye Care. The building contains 7100 SF of space in two levels, 3,268 SF in the Lower Level and 3,840 SF on the first floor. The building and its systems have been upgraded significantly over the past several years with a new roof (6-8 yrs.), new site lighting and expanded parking which now handles over 50 cars, a new furnace (approximately 5 yrs.) and a new septic tank and septic repairs (approximately 3 yrs.) Currently the property is a high performer with an NOI of 103K. All showings will need to be scheduled in advance as both business are very busy.

Location

State CT

County New London

Zoning RS-20

Interior

Interior Features Employee Lounge, Handicap Design

Heating Baseboard

Cooling Window Unit

Flooring Ceramic Tile, Vinyl, Wall-to-Wall Carpet

Exterior

Exterior Feature Door Sign, Lighting, Pole Sign

Garage None

Utilities Available Electric, Telephone, Cable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 2

Foundation Concrete

Sewer Septic

Water Private Well

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Listed by Michael Franklin
Bought with Roanna A. Breen

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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