557 Main St 11,000 SF Retail Building Woodbury, CT 06798 $2,795,000 ($254.09/SF)
INVESTMENT HIGHLIGHTS
- The property is located on 19.74 acres and was formerly used as a bed & breakfast, event venue, and retail space.
- Woodbury has drawn tourists to the area for decades seeking antiques retail, hiking, high-end dining and more.
- There are several approvals in place for the property, including a conditional approval to operate a 126-seat restaurant.
- The property is conveniently located at the intersection of I-84 and Route 6, providing excellent accessibility.
EXECUTIVE SUMMARY
This site features sweeping views and a stunning pond centrally located to the three existing structures. The undeveloped land is approximately 15+ usable acres, with excellent grading and limited contact with wetlands. Excellent for users in hospitality, restaurant or developers with SFH, 55 and older, or lower density condo projects.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,000 SF
Building Class
B
Year Built
1890
Price
$2,795,000
Price Per SF
$254.09
Tenancy
Single
Building Height
2 Stories
Building FAR
0.01
Lot Size
19.74 AC
Zoning
MSD
AMENITIES
- Fireplace
- Restaurant
- Waterfront
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | WOOD-000103-000048-A000000 | Improvements Assessment | $505,750 |
| Land Assessment | $376,460 | Total Assessment | $882,210 |
