16 Dr Foote Rd

Colchester, CT 06415

$1,100,000
Last Sold Price
5
Beds
10,000 Sq. Ft.
$110 / Sq. Ft.
10,000
Sq. Ft.
$110
per Sq. Ft.
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Closed 12/2/25
Closed 12/2/25
a view of a house next to a road and yard

Description

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...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 and there is about over 3000SF space available for rent. 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. The space can be subdivided and leased to additional tenants, significantly increasing income potential. 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.location.
  1. Listed by Shy Grahame • Berkshire Hathaway NE Prop.
    P: (860)-617-1740 C: (860)-617-1740 shygrahame@bhhsne.com

Property Details for 16 Dr Foote Road

Basement Description
None
Direct Waterfront
No
Neighborhood
N/A
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
None
Swimming Pool
No
LISTING CLOSED: 12/02/2025 12:00 AM

Property Details for 16 Dr Foote Road

StatusClosed
MLS #24132386
Days on Market7
Taxes$23,715 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Other
Year Built1940
Lot Size8.11 AC / 353,271 SF
CountyNew London County
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Location

Listing Courtesy of Berkshire Hathaway NE Prop., Shy Grahame

Sold By Berkshire Hathaway NE Prop., Sherry Borgeson

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Building Information for 16 Dr Foote Road

Stories-Residences6Year Built1940Building Size-Lot Size8.11 AC / 353,271 SF

Payment Calculator

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$7,567 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$1,976

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16 Dr Foote Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Per GPS
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.568004
  • Longitude: -72.33063
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $23,715
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Central Air
  • Heat Type: Other
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 5
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Shingle
  • Year Built: 1940
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 1000
  • Living Area SQFT Per Public Records: 0
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2336137
  • Sq Ft Est Heated Above Grade: 10000.0
  • Sq Ft Total: 10000.0
  • Zoning: TC
Utilities
  • Hot Water Description: 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 6
  • Total Rooms Multi Family: 5
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 5
  • Unit Modified Date: 10-14-2025
  • Unit Num Bedrms: 5
  • Unit Num Rooms: 5

Property History for 16 Dr Foote Road

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Closed (Public Record)

Public Record #1922957191

$1,100,000—
Nov 3, 2025

Closed (Public Record)

Public Record #1922957191

$1,100,000—
DateEvent & SourcePrice
11/03/2025

Closed (Public Record)

Public Record #1922957191

$1,100,000
11/03/2025

Closed (Public Record)

Public Record #1922957191

$1,100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Dr Foote Road

Taxable ValueLand$267,300Additions$525,300Total$792,600
Tax Record2025$23,715 ($1,976 / month)
Home Facts
Lot Size353,272 SqFtStyleMiscellaneous CommercialZoningTCCountySOUTHEASTERN CONNECTICUTAPNCOLC M:012 B:000 L:013-000

Schools near 16 Dr Foote Road

This home is within Colchester School District.
Rating
School
Type
Grades
Distance
Colchester Elementary School
Public - PK to 2
Jack Jackter Intermediate School
Public - 3 to 5
William J. Johnston Middle School
Public - 6 to 9
Bacon Academy
Public - 9 to 12
Rating
School
Distance
Colchester Elementary School
PublicPK to 2

Jack Jackter Intermediate School
Public3 to 5

William J. Johnston Middle School
Public6 to 9

Bacon Academy
Public9 to 12

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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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway NE Prop., Shy Grahame

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.