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26 Plaza Dr - Development Site

3.5 Acres of Commercial Land Offered at $475,000 in Manchester, CT 06042

Investment Highlights

  • Corner Lot containing +/- 3.5 acres of land.
  • Public Water, Public Sewer & Natural Gas at Site.
  • Possible single family homes, duplexes, rental apartments, condos or elderly housing. All would require town approval.
  • Open, level, rectangular, no wetlands or steep grades
  • Potential for residential use with zone change.
  • Great location with easy access to major highways, shopping, professional offices, restaurants, banking and other conveniences.

Executive Summary

Cleared Level rectangular lot. No Wetlands or steep frades. +/- 3.5 acres with frontage on two town roads. +/- 450 linear feet on Plaza Drive and +/- 220 linear feet on St. Paul Drive. Public Water, Public Sewer and Natural Gas at the site. Situated just off Middle Turnpike East (aka CT Route 44) on east side of Manchester near Shady Glen. Quick and easy access to major highways, shopping, offices, restaurants, banking and other conveniences. Close to Manchester Hospital, downtown Manchester, Broad Street Manchester Parkade and Buckland Mall. Site is currently zoned Neighborhood Commercial. Would require zone change & zoning approval for residential use including single family homes, duplex homes, apts, condos or elderly housing. Housing needs within the community would be a factor in zone change approval.
Owner has completed preliminary engineering for residential subdivision and 35 unit multi-family. Plans available to interested buyers.

Property Facts

Price $475,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.50 AC

1 Lot Available

Lot

Price $475,000
Price Per AC $135,714
Lot Size 3.50 AC

Corner level containing +/- 3.5 acres on Plaza Drive at interesection of Middlle Turnpike East (CT RT 44) in Manchester. Great location with easy access to highways and conveniences. Frontage on two roads, City Water, Sewer and Natural Gas.

Description

Level +/- 3.5 acre lot suitable for development. Potential for zone change to develope single family homes, duplexes, multi-family apartments, condos or elderly housing. Site is cleared and contains no major slopes or wetlands. Corner Lot with approximately 670 feet of frontage on two town streets. Water, Sewer, natural gas and electric are at the site.

zoning

Zoning Code Neighborhood Commercial (Current Zoning is Neighborhood Commercial. Zone Change required for single family homes, duplexes,apts, condos or elderly housing.)
Neighborhood Commercial (Current Zoning is Neighborhood Commercial. Zone Change required for single family homes, duplexes,apts, condos or elderly housing.)
  • Listing ID: 31608481

  • Date on Market: 4/25/2024

  • Last Updated:

  • Address: 26 Plaza Dr, Manchester, CT 06042

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