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Sold for $1,100,000
  • $1,100,000

    16 Doctor Foote Rd, Colchester, CT 06415

    5beds
    10,000sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $1,112,900 Zestimate®
    $110/sqft
    $3,549 Estimated rent

    Home value

    $1,112,900

    $1.05M - $1.18M

    $3,549/mo

    Zestimate® history
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    $6,172/mo

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    What's special

    Exceptional Mixed-Use Property in the Heart of Colchester. A rare opportunity to own a well-maintained, income-producing property with strong development potential. Proudly owned by the same family for over 40 years, this versatile property spans over 8 acres and includes two distinct buildings. Building One: Mixed-Use Residential & Commercial: Unit #1: 2 Bedrooms / 1 Bathroom. Unit #2: 2 Bedrooms / 2 Bathrooms. Studio#3: Includes a shower and sink/cabinet area (no full kitchen. Each unit (except the studio is separately metered for utilities. The two commercial units in Building One are currently leased and there is about over 3000SF space available for rent. Building Two: Industrial Warehouse: Located at the rear of the property, this expansive structure offers 13,000+SF of industrial space. It is currently leased to a long-term tenant through 2028.The space can be subdivided and leased to additional tenants, significantly increasing income potential. Recent Capital Improvements: New Roof, Updated HVAC Systems, Modernized Electrical & Water Heating Equipment. Situated on 8+ acres with significant Main Street frontage, this property presents exceptional opportunity for expansion or redevelopment: Subdivision potential (investor to perform duediligence. Ample parking and open land create ideal conditions for additional structures or reimagined site use. Perfectly positioned near major highways, shopping centers, and local amenities.location.

    Zillow last checked: 8 hours ago

    Bought with:

    , RES.0756010

    Berkshire Hathaway HomeServices New England Properties

    Source: BHHS NE Properties sold,MLS#: 24132386

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Other
    Cooling
    • Central Air
    Interior area
    • Total structure area: 10,000
    • Total interior livable area: 10,000 sqft

    Property

    Details
    • Parcel number: COLCM012B000L013000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1940
    • Major remodel year: 1940

    Community & neighborhood

    Location
    • Region: Colchester

    Price history

    DateEventPrice
    12/2/2025Sold$1,100,000$110/sqft
    Source: BHHS NE Properties sold #44b3a9aff6b3c49c4056e29cef79a226 Report a problem
    10/22/2025Pending sale$1,100,000$110/sqft
    Source: Smart MLS #24132386 Report a problem
    10/14/2025Listed for sale$1,100,000$110/sqft
    Source: Smart MLS #24132386 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,715 +4.4%$792,600
    2024$22,724 +5.3%$792,600
    2023$21,575 +0.5%$792,600

    Find assessor info on the county website

    Neighborhood: 06415

    Nearby schools

    GreatSchools rating
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