Sold
Last Sold Price
14,918 sqft$38/sqft
1020 Riverside Dr, Thompson, CT 06255
1.48 acresLot Size
1890Year Built
$38/sq ftPrice per sq ft

Description

Commercial investment opportunity for a 14,000+ sq. ft. completely converted & updated mill property with 4 tenants. Tenants include well-established dance studio operating in approx. 7,000 sq. ft with multiple rooms/office/bathrooms, Well-established gym that has relocated their business as new tenants in approx. 3,000 sq.ft with 2 bathrooms and an office. There are 3 smaller (700 sq. ft./600 sq. ft.) office/retail units which are currently rented to hair salon & medical. There is (500 sq.ft) office...Commercial investment opportunity for a 14,000+ sq. ft. completely converted & updated mill property with 4 tenants. Tenants include well-established dance studio operating in approx. 7,000 sq. ft with multiple rooms/office/bathrooms, Well-established gym that has relocated their business as new tenants in approx. 3,000 sq.ft with 2 bathrooms and an office. There are 3 smaller (700 sq. ft./600 sq. ft.) office/retail units which are currently rented to hair salon & medical. There is (500 sq.ft) office space fully rented with attached garage/storage space (1,250 sq.ft) with overhead garage door. There is more than enough parking for all tenants, handicap access, room for expansion, basement storage and much more. City Water/Sewer, mostly all new higher-end mechanicals, alarm system, all new windows, new rubber roof over dance studio office and waiting room and newer shingled roof. Building has a clean bill of health with a Phase 1 & Phase 2 reports having been completed in the past.
  • Listed by: Ryan Lajoie 860.428.6446 ryan.lajoie@yahoo.com • Johnston & Associates Real Estate, LLC
Listing closed: 06/24/2025 12:00 AM • Source: SMARTMLS, MLS#: 24011385

Recent comparable sales

Median sold price

$205,000

Avg days on market

46

Sale-to-list ratio

89.1%

Thompson, CT

9 comparable properties found

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1

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$280,000 | 423 Riverside Drive, Thompson, CT 06255
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$250,000 | Gawron Road, Thompson, CT 06277
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$77,500 | 0 Thompson Road, Unit 3H, Thompson, CT 06277
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$84,000 | 17-b-3 Gawron Road, Thompson, CT 06277
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Location

Listing Courtesy of Johnston & Associates Real Estate, LLC, Ryan Lajoie

Sold By Lamacchia Realty, Benjamin Carbone

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Payment Calculator

$3,608 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,846

Property Taxes

$761

HOA Dues

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Property Information for 1020 Riverside Drive

Property Details
  • Taxes: $9,136 / year
  • Location: Highway Access
  • Neighborhood: Wilsonville
Building Information
  • Stories: 2
  • Residences: 5
  • Year Built: 1890
  • Lot Size: 1.48 AC / 64,468 SF
Summary
Property and Location
  • Directions: RT 12 is Riverside Drive
  • Latitude: 41.990826
  • Longitude: -71.897489
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $9,136
Interior and Exterior Features
Exterior Features
  • Number of Overhead Doors: 1
Interior Features
  • Cooling System: Ductless, Heat Pump
  • Heat Type: Heat Pump, Zoned
  • Interior Features: Handicap Design, Loading - Dock Height, Loading - Grade, Public Restrooms, Security System
Property
Property and Assessments
  • Construction Description: Frame
  • Foundation Type: Stone
  • Handicap Features: Hallways 36+ Inches Wide, Handicap Parking, Ramps
  • Road Frontage Description: State Road
  • Roof: Asphalt Shingle, Rubber
  • Sq Ft Source: Approximate
  • Year Built: 1890
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 14918
Lot Information
  • Documents Available: Environmental Site Assess., Environment Site Assess. (Phase 1), Environmental Site Assess. (Phase 2), Legal Description, Plot Plan/Survey
  • Lot Description: Dry
  • Parcel Number: 2325591
  • Sq Ft Total: 14918.0
  • Zoning: C
Utilities
  • Heat Fuel Type: Oil, Propane
  • Sewage System: Public Sewer In Street
  • Utilities Available: Phone Available, Cable Available
  • Water Source: Public Water In Street
Multi Family
Income and Expenses
  • Gross Annual Income: 91776
  • Total Number of Units: 5
Building Details
  • Number of Restrooms: 1
  • Number of Stories: 2
  • Number of Tenants: 5

Public Records for 1020 Riverside Drive

Taxable ValueLand$81,600Additions$275,000Total$356,600
Tax Record2024$6,775 ($565 / month)
Home Facts
Total Finished SqFt14,918 SqFtAbove Grade Finished SqFt14,918 SqFtUnfinished Basement SqFt798 SqFtStories1Lot Size64,469 SqFtStyleMiscellaneous CommercialYear Built1890Year Renovated1890ZoningDMRDCountyNORTHEASTERN CONNECTICUTAPNTPSN M:167 B:88 L:15

Schools near 1020 Riverside Drive

This home is within Thompson School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Mary R. Fisher Elementary School
PublicPK to 4

Thompson Middle School
Public5 to 8

Tourtellotte Memorial High School
Public9 to 12

St Joseph School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1020 Riverside Drive, Thompson, CT 06255
$560,000
14,918
64,468
4
1
1,350
20,038
$355,000
3
1,600
$350,000
3
1,600
$350,000
3
1,600
$350,000
3
1,600

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Johnston & Associates Real Estate, LLC, Ryan Lajoie

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.