678 Colonel Ledyard Hwy

Ledyard, CT 06339

$560,000
Last Sold Price
6
Beds
4,363 Sq. Ft.
$128 / Sq. Ft.
4,363
Sq. Ft.
$128
per Sq. Ft.
Closed 11/7/25
Closed 11/7/25
a view of a house with pool and a yard

Description

Investor Alert: Prime Mixed-Use Opportunity in the Heart of Ledyard! Welcome to 678 Colonel Ledyard Highway-a high-performing, fully occupied property offering a rare combination of residential and commercial income streams, all on one lot and just minutes from Ledyard Center. With $5,900/month in current rental income and value-add potential, this property is a standout addition to any investor's portfolio. The commercial building is home to a well-established, thriving diner that draws steady local...Investor Alert: Prime Mixed-Use Opportunity in the Heart of Ledyard! Welcome to 678 Colonel Ledyard Highway-a high-performing, fully occupied property offering a rare combination of residential and commercial income streams, all on one lot and just minutes from Ledyard Center. With $5,900/month in current rental income and value-add potential, this property is a standout addition to any investor's portfolio. The commercial building is home to a well-established, thriving diner that draws steady local traffic. Inside, you'll find three distinct dining areas with inviting electric fireplaces, three bathrooms, and a fully updated commercial kitchen featuring all new equipment including a Precision HD gas stove, griddle, fryers, hoods, an ice cream freezer, + more. The space also includes a freshly painted deck and charming outdoor areas. Upstairs, a partially finished space offers serious upside-perfect for potential expansion or conversion into additional rental or storage income. With ample on-site parking and a newly installed sidewalk connecting directly to Ledyard Center, this location offers excellent visibility and walkability for continued business growth. The two-family home includes a 2-bedroom, 1-bath unit on the lower level and a spacious 4-bedroom, 1-bath unit above-both fully leased with generous parking. Recent capital improvements include a new driveway (2022), new siding and gutters (2022), a new deck (2024), a patio (2022), and a new shed (2024). Both oil tank
  1. Listed by Julia Ujvari • William Raveis Real Estate
    P: (860)-480-6477 C: (860)-480-6477 julia.ujvari@raveis.com

Property Details for 678 Colonel Ledyard Highway

Basement Description
Full, Unfinished
Direct Waterfront
No
Expected Active Date
07-15-2025
Garages Number
0
Neighborhood
Ledyard Center
Style
Units on different Floors
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 11/10/2025 03:27 PM

Property Details for 678 Colonel Ledyard Highway

StatusClosed
MLS #24109511
Days on Market101
Taxes$10,891 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1931
Lot Size1.15 AC / 50,094 SF
CountyNew London County

Location

Listing Courtesy of William Raveis Real Estate, Julia Ujvari

Sold By William Raveis Real Estate, Julia Ujvari

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Building Information for 678 Colonel Ledyard Highway

Stories-Residences2Year Built1931Building Size-Lot Size1.15 AC / 50,094 SF

Payment Calculator

$3,637 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,729

Property Taxes

$908

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 678 Colonel Ledyard Highway

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.439842
  • Longitude: -72.007799
  • Neighborhood Amenities: Lake, Library, Park, Shopping/Mall
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $10,891
Interior and Exterior Features
Exterior Features
  • Exterior Features: Sidewalk, Shed, Deck, Gutters
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Partially Finished, Access Via Hatch
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 1
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 14
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1931
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 2,272 sq ft belongs to commercial bldg, 2,091 to 2-family
  • Living Area SQFT Per Public Records: 0
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1511400
  • Sq Ft Est Heated Above Grade: 4363.0
  • Sq Ft Total: 4363.0
  • Zoning: LCV2
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Electric, Tank Size Unknown
  • Sewage System: Septic
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 14
Unit 1
  • Lease: Leased
  • Lease Expires: 03-31-2026
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-16-2025
  • Unit Monthly Rent: $2,000
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Unit Entry Order: 3
  • Unit Half Baths: 2
  • Unit Modified Date: 07-16-2025
  • Unit Monthly Rent: $3,000
  • Unit Num Bedrms: 0
  • Unit Num Rooms: 4
Unit 3
  • Lease: Leased
  • Lease Expires: 12-31-2025
  • Unit Appliances: Oven/Range,Range Hood,Refrigerator
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-16-2025
  • Unit Monthly Rent: $900
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 678 Colonel Ledyard Highway

DateEvent & SourcePriceAppreciation
Apr 1, 2022

Closed (Public Record)

Public Record #1487517089

$390,000—
DateEvent & SourcePrice
04/01/2022

Closed (Public Record)

Public Record #1487517089

$390,000

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

Public Records for 678 Colonel Ledyard Highway

Taxable ValueLand$66,080Additions$227,150Total$293,230
Tax Record2024$10,891 ($908 / month)
Home Facts
Lot Size50,094 SqFtStyleOffice BuildingZoningLCV2CountyNEW LONDONAPNLEDY M:68 B:530 L:678

Schools near 678 Colonel Ledyard Highway

This home is within Ledyard School District.
Rating
School
Type
Grades
Distance
Ledyard Center School
Public - K to 6
Ledyard Middle School
Public - 6 to 8
Ledyard High School
Public - 9 to 12
Gallup Hill School
Public - PK to 5
Rating
School
Distance
Ledyard Center School
PublicK to 6

Ledyard Middle School
Public6 to 8

Ledyard High School
Public9 to 12

Gallup Hill School
PublicPK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Raveis Real Estate, Julia Ujvari

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.