Industrial Property - For Sale
43 Montauk Avenue New London, CT 06320
Details & Description
Price: $599,000
  • Property Type Industrial : Flex/Office Warehouse
  • Lot Size Acres 0.450
  • Building Sq Ft 8,973
  • Building Price per Sq Ft $66.76
  • Land Sq Ft 19,602
  • Land Price per Sq Ft $30.56
Rare offering! The well-known Shamrock Motor Building in New London is now for sale. It includes three buildings on two lots, making a total of 0.45 acre. There is access on two roads; 42 Montauk Ave and 2 Mitchell Court.For Sale @ $599,000. Offering price includes business which has been around since 1974 as a Used Auto Dealer where licensed to sell vehicles and car repair. Included are 3 dealer plates.Originally the Oakland Dealership which became Pontiac Dealership. The building was built as a showroom in 1925 to showcase Pontiacs. It includes a brick ramp in the back to drive cars into  the showroom.Two workshop buildings are included:The 'Brick Shop' building is a solid 2,789sf structure. It has an office, two furnaces (one using waste oil), 3 overhead doors, 2 lifts, 9' ceilings, and very deep bays. The 'Shop' building is 3,665sf with insulated room, 2 overhead doors, and 1 lift. It does get some ground water.The 2,520sf showroom is loaded with character. It is a large open area but also includes a small office and two bathrooms. It has large windows (some cracked), high ceilings, and a solid sturdy floor.  It also has the ramp in the rear.Zoned C1. Total assessments $314,510. Total taxes $11,936. Public water and sewer. Oil heat. Two entrances for easy in and out; one from Montauk and the second access from Mitchell Court, which offers large parking area and easy entrance to rear building.Located on busy road close to Chelsea Bank, CVS, Walgreens, Shaw's Cove, etc.PERMITTED USES: Retail, Service Business, Restaurants, Office, Bank w/out drive-thru, Facilities for training in the Martial Arts, Dancing, Gymnastics, Music, Fashion Design or Teaching Performing Arts, Tattoo Parlor...BY SPECIAL PERMIT: Auto Sales and Repair, Retail, Office, Wholesale Businesses, Warehouse and Building material storage and sale...DIRECTIONS: I-95 N Exit 82A.  I-95 S Exit 82. Continue on Frontage Road. Take Colman St exit. Turn left on Colman St. Continue until very end. Turn left on Bank St., then right on Montauk Ave. On left.
Property Highlights
 Array
Additional Photos
Listing Agents
Diana Obrien

dobrien@pequotcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

43 Montauk Avenue

New London, CT 06320

2 Mitchell Court

Listing ID: 261960
$599,000
For Sale
  • Property Type Industrial : Flex/Office Warehouse
  • Lot Size Acres 0.450
  • Building Sq Ft 8,973
  • Building Price per Sq Ft $66.76
  • Land Sq Ft 19,602
  • Land Price per Sq Ft $30.56
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Property Highlights
 Three buildings totaling 8,973sf on 0.45 acre
 Includes business as a SUsed Dealer licensed to sell vehicles car repair. Three dealer plates included.
Description

Rare offering! The well-known Shamrock Motor Building in New London is now for sale. It includes three buildings on two lots, making a total of 0.45 acre. There is access on two roads; 42 Montauk Ave and 2 Mitchell Court.

For Sale @ $599,000. Offering price includes business which has been around since 1974 as a Used Auto Dealer where licensed to sell vehicles and car repair. Included are 3 dealer plates.

Originally the Oakland Dealership which became Pontiac Dealership. The building was built as a showroom in 1925 to showcase Pontiacs. It includes a brick ramp in the back to drive cars into  the showroom.

Two workshop buildings are included:

The 'Brick Shop' building is a solid 2,789sf structure. It has an office, two furnaces (one using waste oil), 3 overhead doors, 2 lifts, 9' ceilings, and very deep bays. 

The 'Shop' building is 3,665sf with insulated room, 2 overhead doors, and 1 lift. It does get some ground water.

The 2,520sf showroom is loaded with character. It is a large open area but also includes a small office and two bathrooms. It has large windows (some cracked), high ceilings, and a solid sturdy floor.  It also has the ramp in the rear.

Zoned C1. Total assessments $314,510. Total taxes $11,936. Public water and sewer. Oil heat. Two entrances for easy in and out; one from Montauk and the second access from Mitchell Court, which offers large parking area and easy entrance to rear building.

Located on busy road close to Chelsea Bank, CVS, Walgreens, Shaw's Cove, etc.

PERMITTED USES: Retail, Service Business, Restaurants, Office, Bank w/out drive-thru, Facilities for training in the Martial Arts, Dancing, Gymnastics, Music, Fashion Design or Teaching Performing Arts, Tattoo Parlor...

BY SPECIAL PERMIT: Auto Sales and Repair, Retail, Office, Wholesale Businesses, Warehouse and Building material storage and sale...

DIRECTIONS: I-95 N Exit 82A.  I-95 S Exit 82. Continue on Frontage Road. Take Colman St exit. Turn left on Colman St. Continue until very end. Turn left on Bank St., then right on Montauk Ave. On left.

Attachments & Files

Listing Demographics for 43 Montauk Avenue New London, CT 06320

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population15,41664,636108,794
Population Median Age383839
Population by Age0-9 Yrs1756 (11%)6607 (10%)10555 (9%)
10-19 Yrs1867 (12%)8856 (13%)14131 (12%)
20-29 Yrs2283 (14%)13207 (20%)20487 (18%)
30-39 Yrs2464 (15%)8048 (12%)12263 (11%)
40-49 Yrs2166 (14%)7061 (10%)11312 (10%)
50-59 Yrs2057 (13%)7743 (11%)14783 (13%)
60-69 Yrs1590 (10%)6795 (10%)12976 (11%)
70+ Yrs1234 (8%)6319 (9%)12287 (11%)
Median HH Income$40,139$55,853$68,165
Total Household Income< 24K2404 (34%)6417 (23%)8001 (18%)
25-49K1620 (23%)5602 (20%)8201 (18%)
50-74K1352 (19%)4762 (17%)7888 (17%)
75-99K789 (11%)3579 (13%)6304 (14%)
100-199K716 (10%)5336 (19%)10694 (24%)
200K+96 (1%)1100 (4%)3109 (7%)
Highest Education LevelNo Diploma194643565636
Diploma or GED36411248819696
Some College2267834314244
Assoc. Degree86132176277
Bachelors Degree1291702713747
Higher Degree709576212570
Total Housing Units7,88630,11251,419
--Owner-Occupied2,29711,97824,740
--Renter-Occupied4,68114,81819,457
Owner-Occupied Values< 100K2508361353
100-199K144644306824
200-299K41441088853
300-399K10713743541
400-499K206211982
500K+596082187
Total Working Age Population12,44653,87791,837
In Work Force8,22436,37063,157
Not In Work Force4,22217,50728,680
Workforce Employed7,29830,85852,275
Workforce Unemployed7782,3563,837
Civlian Workforce8,07633,21456,112
Military Workforce1483,1567,045
Total Households6,97726,79644,197
Family Households3,55514,66526,093
Non-Family Households3,42212,13118,104
Married Couple1,6288,67817,888
Other Family1,9275,9878,205
Married w/Child7333,2695,898
Single Male w/Child242760991
Single Female w/Child7832,4983,199

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Connecticut3,405,565+53,574,097+13,604,603+13,633,994
New London County259,088+6274,055+2278,756+1280,847
New York18,976,457+219,378,102+420,146,131+220,604,030
Suffolk County1,419,369+51,493,35001,497,391-11,488,885

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
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Diana Obrien

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