About 863 Norwich New London Turnpike
USE RESTRICTIONS: **GAS AND CONVENIENCE STORE** Take advantage of this unique opportunity to own or lease a versatile 2,400 SF freestanding building, formerly a Cumberland Farms gas station and convenience store. Priced at $699,000 for purchase or available for a ten-year triple net lease with a 3% annual increase, the property offers flexible options including renewal terms, lease-to-own, and consideration for shorter lease durations. Located in a prime area with high visibility and accessibility, the site benefits from proximity to highways, shopping centers, and restaurants, with an impressive daily traffic count of approximately 7,700 cars. While gas station and convenience store operations are restricted, the property is permitted for a wide range of uses, such as a BAKERY, BANK, COMMISSARY, SMALL-FORMAT DRUG STORE, MEDICAL or PROFESSIONAL OFFICE, RESTAURANT, QSR, RETAIL STORE, SMOKE SHOP, or DELI. Special permit uses include AUTOMOTIVE SALE and REPAIR, and BREWPUB.
