Prime Route 12 property featuring dual street frontages with over 300 feet along Route 12 and an additional 200+ feet on Inchcliffe Drive. Ideally situated just north of the Naval Submarine Base and minutes from the center of Gales Ferry. This location offers excellent visibility and accessibility. To the south lies Groton's primary commercial corridor, home to Kohl's, automotive dealerships, restaurants, and other major retailers. This site is well-positioned within Southeastern Connecticut, with convenient access to area amenities including local beaches, Mystic, New London, Electric Boat, Foxwoods, and Mohegan Sun all within a short drive. Zoned Commercial Industrial Park District, the property may offer subdivision potential; buyers are responsible for all due diligence.
1513 Route 12, Ledyard, CT, 06335
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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