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102 Main st

2 Acres of Commercial Land Offered at $699,000 in Newtown, CT 06470

Investment Highlights

  • Great development opportunity located on State Highway Route 25

Executive Summary

Great development site located directly on Route 25 (South Main Street) in Newtown, CT. The site is located close to other major retailers and apartments on a busy state highway not far from I-84. Property is located in the South Main Street Design District allowing for a wide array of development options. Renderings and plot plan design is based on a concept plan of a 5000 square foot commercial plaza in the front along Route 25 and a 12-bedroom apartment building in the rear. Survey, soil testing, plot plan and more all done recently. Seller is a licensed real estate agent.

Property Facts

Price $699,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 2.00 AC

1 Lot Available

Lot

Price $699,000
Price Per AC $349,500
Lot Size 2.00 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NEWT-000030-000012-000020
Land Assessment
$21,800
Improvements Assessment
$0
Total Assessment
$21,800

zoning

Zoning Code R-1 (Residential)
R-1 (Residential)
  • Listing ID: 30148729

  • Date on Market: 11/22/2023

  • Last Updated:

  • Address: 102 Main st, Newtown, CT 06470

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