Price Reduced 14.22%

$1,199,999

Est. Mortgage $6,147/mo *

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Price History

$1,399,000
7/30/2024

$1,199,999
4/2/2025

271 & 263 South Main Street, Newtown, CT, 06470

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1850

0 sqft

TWO adjacent commercial lots totaling 2.06 acres located in a high-traffic area on South Main Street (Route 25) are being sold together as a package deal. The lot at 271 S Main St (parcel ID 361310) is 1.18 acres, and the lot at 263 S Main St (parcel ID 36139) is 0.88 acres. Lot 271 previously housed the "King's Breakfast & Lunch" restaurant, which is now vacant land. While lot 263 contains a 665 Square foot single structure. The location benefits from an approximate daily traffic count of 16,000 cars and is close to shopping centers, restaurants, and highways. Well and septic tanks are in place. Permitted Uses consist of: Retail use, Office building,Printing/publishing establishment, Wholesale business, Warehouse, Light industrial use and/or a Veterinary hospital. Special Exception Uses (require commission approval) consist of: Hotel/Motel, Shopping Center, Private School, Bank, Restaurant, Quick Service Restaurant (QSR), and Drive-Thru. There is potential for a Gas Station, Convenience Store, and Car Wash, subject to town approval and zoning changes. YOUR INVESTMENT AWAITS! The property is sold as-is.

Status:

Active

Type:

Lot / Acreage

Zoning:

M-1

Frontage:

Municipal Street

Heating:

Baseboard

Cooling:

None

Acreage:

2.06

Est. Taxes:

$7,284

Assessment

$270,060

Utilities

Electric Available,Gas Available,Phone Available

Lot Description:

Additional Land Avail.,Level Lot

Days on Market:

252

MLS #:

24036412

Community Info

School Info

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Price History

271 & 263 South Main Street, Newtown, CT, 06470

Community Info

School Info

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