- 6 beds
- 4 baths
- 4,363 sqft
- ~1 acre lot
- $134 per sqft
- 1931 build
- – on site
Investor Alert: Prime Mixed-Use Opportunity in the Heart of Ledyard! Welcome to 678 Colonel Ledyard Highway-a high-performing, fully occupied property offering a rare combination of residential and commercial income streams, all on one lot and just minutes from Ledyard Center. With $5,900/month in current rental income and value-add potential, this property is a standout addition to any investor's portfolio. The commercial building is home to a well-established, thriving diner that draws steady local traffic. Inside, you'll find three distinct dining areas with inviting electric fireplaces, three bathrooms, and a fully updated commercial kitchen featuring all new equipment including a Precision HD gas stove, griddle, fryers, hoods, an ice cream freezer, + more. The space also includes a freshly painted deck and charming outdoor areas. Upstairs, a partially finished space offers serious upside-perfect for potential expansion or conversion into additional rental or storage income. With ample on-site parking and a newly installed sidewalk connecting directly to Ledyard Center, this location offers excellent visibility and walkability for continued business growth. The two-family home includes a 2-bedroom, 1-bath unit on the lower level and a spacious 4-bedroom, 1-bath unit above-both fully leased with generous parking. Recent capital improvements include a new driveway (2022), new siding and gutters (2022), a new deck (2024), a patio (2022), and a new shed (2024). Both oil tank
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Last updated Jul 7, 2025
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MLS# 24109511 —
The Building
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Year Built:1931
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Partially Finished, Access Via Hatch
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Exterior Siding:Vinyl Siding
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Foundation Type:Stone
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Basement Description:Full, Unfinished
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Exterior Features:Sidewalk, Shed, Deck, Gutters
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SqFt Total:4363
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SqFt Description:2,272 sq ft belongs to commercial bldg, 2,091 to 2-family
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SqFt Est Heated Above Grade:4363
Interior
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Fireplaces Total:1
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Laundry Room:All Units Have Hook-Ups
Location
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Directions:GPS Friendly
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Neighborhood:Ledyard Center
The Property
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Parcel Number:1511400
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Property Type:Multi-Family For Sale
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Property Subtype:2 Family
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Zoning:LCV2
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Acres:1.15
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Acres Source:Public Records
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 677-9381
Taxes
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Tax Year:July 2025-June 2026
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Property Taxes:10891
Beds
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Beds Total:6
Baths
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Total Baths:4
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Full Baths:2
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Half Baths:2
Heating & Cooling
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Heat Type:Hot Air
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Heat Fuel Type:Oil
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Septic
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Nearby Amenities:Lake, Library, Park, Shopping/Mall
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/7/25
Jul 7, 2025
|
Coming Soon | SMART_MLS | $585,000 |