This is an awesome opportunity for you to run your business in a build to suit lease option. The other option, you can purchase the land to build your own building. Owner is looking to either build on this location and lease space or sell the land to a commercial/industrial developer. Great location as it is rural and there are not many options in the immediate area, leaving potential pretty much unlimited. This spot is close to colchester, but not far off route 82 or 85, also pretty close access to route 2.
| Listing Id: | 24027927 |
|---|---|
| List Price: | $350,000 |
| Property Type: | Lot & Land |
| Property Sub Type: | Commercial Land |
| Status: | Active |
| Bank Owned Property: | No |
| Property Tax: | $18,343 |
| Acres: | 3.07 |
| Direct Waterfront Yn: | No |
| City: | Salem |
| County: | New London |
| Postal Code: | 06420 |
| Acceptable Financing: | Owner Financing |
| Acres Source: | Owner |
| Agent Owner Yn: | No |
| Assessed Value: | $589,800 |
| Basement Description: | No |
| Comp Only Manual Yn: | No |
| Current Price: | $350,000.00 |
| Directions: | GPS/CLA |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Legal Description |
| Home Owner's Assocation: | No |
| Listing Contract Date: | 2024-06-24 |
| Location: | Rural, Other |
| Lot Description: | Additional Land Avail., Level Lot, Open Lot |
| Lot Improvements: | None |
| Lots Number Of: | 1 |
| Mil Rate Total: | $31.10 |
| Status: | Active |
| Occupied By: | Owner |
| Original List Price: | $350,000 |
| Parcel Number: | 1563223 |
| Possession Availability: | Negotiable |
| Potential Short Sale: | Undeclared |
| Preferred Phone: | (860) 942-6623 |
| Price: | $350,000 |
| Road Frontage Approximate: | 446 |
| Road Frontage Description: | State Road |
| Septic Approval Yn: | No |
| Septic Plan Available Yn: | No |
| Sewage System: | Septic Required |
| Sign Yn: | No |
| Special Association Assessment: | No |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric Available |
| Waterfront Description: | Not Applicable |
| Water Source: | Well Required |
| Zoning: | B |
Listing Courtesy of: Riverview Realty, LLC
Listing Agent: Dale J Bunn
(860) 942-6623
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET
