$1,300,000

Est. Mortgage $6,574/mo *

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16 Dr Foote Road, Colchester, CT, 06415

16 Dr Foote Road, Colchester, CT, 06415
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0 beds

6 Full baths

1940

22,609 sqft

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. 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. 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, this property combines location, flexibility, and income-generating all in one investment.

Status:

Active

Type:

Commercial

Units:

2

Zoning:

TC

Frontage:

Paved Road

Heating:

Gas on Gas

Cooling:

Central Air

Acreage:

8.11

Est. Taxes:

$22,724

Assessment

$792,600

Utilities

Electric,Gas,Cable

Lot Description:

N/A

Days on Market:

16

MLS #:

24088946

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Nadia Goracy, Berkshire Hathaway NE Prop. Email: nadiagoracy@bhhsne.com