253 State St

New London, CT 06320

$289,000
Last Sold Price
—
Beds
—
Baths
10,800 Sq. Ft.
$27 / Sq. Ft.
10,800
Sq. Ft.
$27
per Sq. Ft.
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Closed 1/11/22
Closed 1/11/22

Description

Prime investment opportunity! For Sale, The Barrows Building is a 10,800sf three story brick trimmed building, with commercial and residential opportunities.. Located within easy distance of courthouse, Garde Arts Center, public library, ferry and train stations. Ready for development. Parking on street, and off-street at rear of building. - Basement 4,000+sf and useable - First floor 4,000sf - Second floor 1,400sf - Third floor 1,400sf Public Water/Sewer and Natural Gas. Taxes $4,249. For Sale $289,000....Prime investment opportunity! For Sale, The Barrows Building is a 10,800sf three story brick trimmed building, with commercial and residential opportunities.. Located within easy distance of courthouse, Garde Arts Center, public library, ferry and train stations. Ready for development. Parking on street, and off-street at rear of building. - Basement 4,000+sf and useable - First floor 4,000sf - Second floor 1,400sf - Third floor 1,400sf Public Water/Sewer and Natural Gas. Taxes $4,249. For Sale $289,000. Agent/owner.
  1. Listed by Carmelo Foti • Pequot Commercial
    P: (914)-263-0145 C: (914)-263-0145 clfoti@bellwetherpropertygroup.com

Property Details for 253 State Street

Location
Downtown
Neighborhood
N/A
Garage Parking Info
On Street Parking, Off Street Parking
LISTING UPDATED: 01/12/2022 06:36 PM

Property Details for 253 State Street

StatusClosed
MLS #170318506
Days on Market459
Taxes$4,223 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeNon-Residential
MLS Type-
Year Built1925
Lot Size0.09 AC / 3,920 SF
CountyNew London County
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Location

Listing Courtesy of Pequot Commercial, Carmelo Foti

Sold By RE/MAX on the Bay, Ferdinand J Giacinto; RE/MAX on the Bay, Ferdinand J Giacinto

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Building Information for 253 State Street

Stories3Residences-Year Built1925Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$1,760 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,409

Property Taxes

$352

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 253 State Street

Summary
Property and Location
  • Directions: I-95 S Exit 84S. Follow signs to Downtown New London. Turns into Eugene O’Neill Dr. Turn right on Gov Winthrop Blvd then left on Meridan St., left on State St. On left. I-95 N Exit 83. Go straight on Huntington St. At end turn left on State St. On left.
  • Latitude: 41.355064
  • Longitude: -72.097916
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2021-June 2022
  • Property Tax: $4,223
Interior and Exterior Features
Interior Features
  • Cooling System: None
  • Heat Type: Other
  • Flooring: Vinyl, Wall-to-Wall Carpet
Property
Property and Assessments
  • Construction Description: Brick, Masonry
  • Potential Use: Retail/Office, Apts upper flrs
  • Road Frontage Approximate: 35
  • Road Frontage Description: Municipal Street
  • Roof: Tar/Gravel
  • Sq Ft Source: Public Records
  • Year Built: 1925
  • Bank Owned Property: No
  • Sq Ft Office: 4000
  • Sq Ft Residential: 2800
  • Sq Ft Retail: 4000
Lot Information
  • Documents Available: Environmental Site Assess.
  • Lot Description: N/A
  • Parcel Number: 2436920
  • Sq Ft Total: 10800.0
  • Zoning: CBD-1
Utilities
  • Heat Fuel Type: Natural Gas
  • Sewage System: Public Sewer Connected
  • Utilities Available: Cable Available
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
Building Details
  • Unit Count: 0
  • Number of Stories: 3

Property History for 253 State Street

DateEvent & SourcePriceAppreciation
Dec 30, 2021

Closed (Public Record)

Public Record #1482512152

$289,000

+4.2% / yr

Apr 1, 1998

Closed (Public Record)

Public Record #92648840

$110,000—
DateEvent & SourcePrice
12/30/2021

Closed (Public Record)

Public Record #1482512152

$289,000

+4.2% / yr

04/01/1998

Closed (Public Record)

Public Record #92648840

$110,000

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

Public Records for 253 State Street

Taxable ValueLand$97,500Additions$388,000Total$485,500
Tax Record2024$13,686 ($1,140 / month)
Home Facts
Baths2Total Finished SqFt9,433 SqFtAbove Grade Finished SqFt9,433 SqFtStories3Lot Size6,534 SqFtStyleDepartment StoreYear Built1925ZoningCBD-1CountyNEW LONDONAPNNLON M:F12 B:0199 L:0006-A

Schools near 253 State Street

This home is within New London School District.
Rating
School
Type
Grades
Distance
Harbor School
Public - K to 5
Bennie Dover Jackson Middle School
Public - 6 to 8
New London High School
Public - 9 to 12
C.B. Jennings International Elementary Magnet
Public - K to 5
Rating
School
Distance
Harbor School
PublicK to 5

Bennie Dover Jackson Middle School
Public6 to 8

New London High School
Public9 to 12

C.B. Jennings International Elementary Magnet
PublicK to 5

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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Listing Courtesy of Pequot Commercial, Carmelo Foti

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.