1531 Route 163
Montville, CT, 06370 $ 500,000
Bedrooms-- Baths-- Sq 9,661 Monthly Estimate*
$ 3,119
for $500,000. This 9,661 square foot building was built in 1971 on a lot size of 1.1.
Great opportunity to own a flexible commercial property right at the busy corner of Route 163 and Route 82 in Montville. Sitting on 1.1 acres, this spot includes two buildings with a total of 9,661 SF and large overhead doors-perfect for auto, service, or light industrial use. Part of the space is rented to a longtime tenant, Ed's Car Sales & Repair, bringing in steady income. With easy access to I-395 and just a short drive to Mohegan Sun, this location gets solid traffic and great visibility. Whether you're expanding your business or investing, this property has a lot to offer. Currently laid out as 3 units but could be as many as 6 with minimal buildout required. Sign shop and auto business are the current users of the two buildings. AC in the office only in Building #1, also has hot air furnace. Building #2 has 2 forced air modines. 2 Buildings-9,661 SF, Acres: 1.1,Building #1: 3,515 SF, 4 overhead doors: All 9.5'x8', Building #2: 6,146 SF, 10 overhead doors: (4) 9.5'x8', (5) 7'x14', (1) 7'x10', Portion of building leased month-to-month for $1,248.51 for 30+ years to Ed's Car Sales & Repair, Heating: Propane, Well & 2 Septic Tanks Frontage: 344 Ft. on Route 163, 258 Ft. on Route 82, Zone: C-1, Taxes: $9,631.44, Traffic Count: 4,900, Year Built:1971, At busy intersection with traffic light, on corner, 7 minutes from I-395 ramp, 12 minutes from Mohegan Sun.
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FeaturesGeneralZoning C-1
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Location Industrial Park Office Park
Property Type Commercial For Sale
Status Under Contract
Acres 1.1
Directions GPS friendly
City Montville
Sq Ft Total 9661
DOM 102
Year Built 1971
Present Use Auto Business & Sign shop
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InteriorUtilities Available Electric
Cooling System Central Air
Total Number of Units 3
Total Rooms 0
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ExteriorWater Source Private Well
Lot Description Level Lot
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* Excluded FeaturesList ByStephen MeleListing Agent
smele@houlihanlawrence.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,119
- Monthly Property Taxes
- $693
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Montville, CT
Average List Price $606,975
Percent of Sale Price 21%
About Montville, CT 19,406 Population
5% Since 2002
$ 71,700 Median Income
42.46 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2025 | $500,000 | | Listed Price |