3 Buildings in Downtown New London

9,789 SF Total

New Renovations

2 Commercial Units and 8 Residential

Close to L&M Hospital

37 Parking Spaces ADDRESS: 190, 192-196 & 198 Montauk Avenue, New London, CT

PROXIMITY: Near L&M Hospital and Downtown New London.

AVAILABLE: 9,789 SF. Three separate properties being sold as one package. 2 commercial and

8 residential.

ACRES: .55 Acre

FRONTAGE: 150 Ft

DESCRIPTION: Excellent condition. Recent and ongoing renovations.

190 Montauk: Tenanted, 3-family building. 2 rented. 1 soon to be rented.

192-196 Montauk: 2 commercial units; (formerly Premier Hair Salon),

plus 2 residential units; 198 Montauk: Fully tenanted, 3-family building.

BUILDING AGE: #190: 1900; #192: 1920; #198: 1890

PARKING: Large private off-street parking lot with 35 spaces and 2 handicap spaces.

POPULATION: 1 Mile 3 Miles 5 Miles

Total Population: 11,349 51,165 75,128

Total Households: 5,270 22,661 32,057

Median Household Income: $39,241 $46,122 $49,552

Total Daytime Population: 11,904 51,927 71,364

TRAFFIC COUNT: 9,200 Average Daily Count

UTILITIES: Tenant-paid utilities. Heat: natural gas

ZONING: R-2: Residential District - Two-family medium density.

Permitted Uses: Single & two-family dwellings; home-based businesses.

OCCUPANCY: Immediate

TAXES: #190: $4,406; #192: $3,908; #198: $3,200

FOR SALE: $745,000

FOR LEASE: $1,600/Month

(commercial space: former salon)