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I-84 Site 9a - The Rivington Plaza

2.62 Acres of Commercial Land Offered at $700,000 in Danbury, CT 06811

INVESTMENT HIGHLIGHTS

  • 2.62 Acres for sale located in the fastest growing part of Danbury.

EXECUTIVE SUMMARY

The Rivington Plaza, Junction of Reserve & Woodland Roads, Danbury, CT
2.62 Acres for sale located in the fastest-growing part of Danbury.
Highly visible location at a major crossroads serving Rivington, Abbey Woods, Crown Point, and other ongoing residential developments.
The highest and best use is Convenience Retail.
17,500 sq. ft. of potential development for multiple convenience retail buildings.
The compact Trading area is bounded by I-84, Old Ridgebury, Woodland, and Saw Mill Roads.
Rivington contains about 2,000 condo and townhome units, with more on the way. Abbey Woods comprises 470 apartments of 1-2-3 bedrooms, and Crown Point adds another 466 apartments of 1-2-3 bedrooms. The Summit contains 600,000 sq. ft. of office with hundreds of employees, planned development of hundreds of new apartments, and a Career Academy for hundreds of students.
This is a retailer’s dream! A relatively small contained market with no convenience competition.

PROPERTY FACTS

Price $700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Healthcare
  • Medical
Total Lot Size 2.62 AC

1 LOT AVAILABLE

Lot

Price $700,000
Price Per AC $267,175.57
Lot Size 2.62 AC

2.62 Acres for sale located in the fastest-growing part of Danbury.

DESCRIPTION

This land is raw but has been approved for development.

ZONING

Zoning Code C1 (Commercial)
C1 (Commercial)
  • Listing ID: 23362571

  • Date on Market: 6/10/2021

  • Last Updated:

  • Address: I-84 Site 9a, Danbury, CT 06811

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