863 Norwich New London Turnpike
Montville Connecticut

Description:

USE RESTRICTIONS: GAS STATION AND CONVENIENCE STORE Seize the opportunity to own or lease this versatile 2,400 SF freestanding building, formerly home to a Cumberland Farms gas station and convenience store. Offered at $699,000 for sale, or available for a flexible ten-year triple net lease with a 3% annual increase, this property provides several options including renewal terms, lease-to-own, and consideration for shorter lease periods. Located in a prime, high-visibility area with easy access to major highways, shopping centers, and restaurants, the site has a daily traffic count of approximately 7,700 cars. Although restricted from gas station and convenience store operations, the property is ideal for a wide range of PERMITTED USES, including a BAKERY, BANK, COMMISSARY, SMALL-FORMAT DRUG STORE, MEDICAL OR PROFESSIONAL OFFICE, RESTAURANT, QUICK-SERVICE RESTAURANT (QSR), RETAIL STORE, SMOKE SHOP, OR DELI. Additionally, SPECIAL PERMIT USES allow for more tailored business opportunities such as AUTOMOTIVE SALES AND REPAIR, and BREWPUB. This property offers flexibility and endless possibilities to suit a variety of business ventures.

Listing Courtesy of Regency Real Estate, LLC