$1,399,000
 $7,510 est/mo Sourced by Back At You

271 & 263 Main South Street , Newtown, CT 06470

Newtown, CT 06470

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Description

TWO adjacent commercial lots totaling 2.06 acres located in a high-traffic area on South Main Street (Route 25) are being sold together as a package deal. The lot at 271 S Main St (parcel ID 361310) is 1.18 acres, and the lot at 263 S Main St (parcel ID 36139) is 0.88 acres. Lot 271 previously housed the "King's Breakfast & Lunch" restaurant, which is now vacant land. While lot 263 contains a 665 Square foot single structure. The location benefits from an approximate daily traffic count of 16,000 cars and is close to shopping centers, restaurants, and highways. Well and septic tanks are in place. Permitted Uses consist of: Retail use, Office building,Printing/publishing establishment, Wholesale business, Warehouse, Light industrial use and/or a Veterinary hospital. Special Exception Uses (require commission approval) consist of: Hotel/motel, Shopping center, Private school, Brewpubs and distilleries. There is potential for a gas station and convenience store, subject to town approval and zoning changes. YOUR INVESTMENT AWAITS! The property is sold as-is.

Details

MLS#24036412
Listing TypeFor Sale
StyleCommercial
StatusActive
Year1850
Days On Site172
Listing Provided ByRegency Real Estate, LLC | Islam Ahmad

Features

ZoningM-1
Acreage2.06
Water FrontYes

Market Activity 06470

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Listings Checked: 3 minutes ago
StateCT
CountyFairfield
CityNewtown
Zip Code06470
AreaFairfield
Listing VS Median (in 06470)
Price:
$1,399,000
low | high
Med:
$532,450
100% of Average
On Site:
172
low | high
Med:
43.000000
100% of Average
Sourced by Back At You
Listing Updated: January 14, 2025 at 3:50:02 PM PST