2191 Boston Tpke Local commercial 129 m² À vendre Coventry, CT 06238 258 281 € (2 000,08 €/m²)

The existing residential structure was built in 1890 & could be converted to historic for tax credit$$$. This old house may be the perfect size for an attorney's office, veterinarian, doctors office, pet boarding or rent out this single family home. Cumberland Farms does NOT have a use restriction on this property. Keep the old house or convert to prime commercial on 0.82 acres. Tear it down & build a Starbucks, Dunkin, Chic-Fil-A, Subway, Taco Bell, Taco Johns, Tropical Smoothie, Jiffy Lube, Auto Parts Store, etc. The town has completed the second entrance off Swamp Rd and the land adjacent to the street light is now a catch water basin (see Google Maps). We sold the property across the street to Cumberland Farms in 2019 for $850,000. Cumberland's parcel is 2.53 acres total and ~1.32 acres is wetlands. This works out to a sale price (2019) of $702,479 per buildable acre. 2191 Boston Tpnk is 0.82 Acres x $702,479 = $576,032 and you can buy it for $295K! This property was under contract to a Dunkin Donuts franchise owner who used us leverage to renegotiate a lease with his current landlord.