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Under Contract
107 Wilcox Road Stonington, CT 06378
17,513 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 17,513 sqft
Price per Sqft $142
MLS Listing ID 24165527
Year Built 1965
Annual Tax Amount $24,074
Lot Size 6.950 Acres
Property Description
107 Wilcox Road is a well-established multi-tenant professional office property located within the highly desirable Mystic/Stonington shoreline market of Southeastern Connecticut. The property operates as a campus-style office environment serving a diverse mix of professional, medical, and service-oriented tenants. Strategically positioned minutes from Downtown Mystic, Stonington Borough, and Interstate-95 access, the property benefits from strong regional connectivity while maintaining a quiet professional setting attractive to long-term tenants. The building offers flexible suite configurations supporting small and mid-size office users, contributing to diversified income streams and reduced vacancy exposure. The surrounding coastal community provides strong lifestyle amenities, stable demographics, and limited competing office inventory - characteristics highly sought by private investors and 1031 exchange buyers. Ownership has maintained the property as a stable income-producing asset, positioning it as an attractive opportunity for investors seeking consistent cash flow within a supply-constrained shoreline market. Well-appointed features include: Water views from many offices, Ample Parking, Front door Security System, Tenant Mail Center, Handicap accessible, Common space waiting area, Common space kitchen, Common space bathrooms, 45-seat theatre, Cell tower, Sollar Array.
Location
State CT
County New London
Zoning RR-80
Interior
Heating Hot Air
Cooling Central Air
Exterior
Utilities Available Electric
Roof Type Flat
Building
Lot Description Level Lot
Sewer Septic
Water Private Well
Listed by Mantas Laureckis • William Raveis Real Estate
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