26 W Main St 1.67 Acres of Commercial Land Offered at $1,900,000 in Avon, CT 06001

INVESTMENT HIGHLIGHTS

  • ±1.67 ace site
  • 586’ frontage
  • 100% level

EXECUTIVE SUMMARY

First & Last Tavern, an existing restaurant and mixed-use redevelopment opportunity at 26 West Main Street in Avon, Connecticut. Located in the heart of Avon, the property measures 1.7 acres on Route 44 just east of the town center. Concept plans call for approximately 60 multi-family units and some retail space in this Commercial - Specialized zone. The town recognizes the parcel as especially suited for this use, and indicates a 10 percent affordable housing component may be sufficient for approval. The existing restaurant is a viable enterprise itself, although highest and best use is captured in the concept plans. Additional land and up to 24 additional multi-family units possible. Rare chance to develop within a stone’s throw of Whole Foods Market and Avon Village Center.

PROPERTY FACTS Under Contract

Price $1,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units
  • Restaurant
Total Lot Size 1.67 AC
Zoning CS - Commercial - Specialized

1 LOT AVAILABLE

Lot

Price $1,900,000
Price Per AC $1,137,724.55
Lot Size 1.67 AC
  • Listing ID: 28138818

  • Date on Market: 4/4/2023

  • Last Updated:

  • Address: 26 W Main St, Avon, CT 06001