Mixed-Use Development Land
For Sale
$2,250,000
16-20 Stonington Rd, Stonington, CT 06379
Undeveloped parcel on a key Mystic–Stonington corridor with environmental study phases completed for mixed-use planning.
Property SizeContact for details
Days on Market48
Property Features for 16-20 Stonington Rd
General Information
Standard status
Active
Property subtype
Commercial
Zoning
GC-60
Taxes and HOA fees
Annual Taxes
$9,864
Listing Agency:
Serhant Connecticut, LLC
(203) 758-0264
Listed By:
Jonathan Shockley
Source:
Davejonesrealty
Added: Jun 26
Changed: Aug 8
Last Checked: Aug 11 at 8:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant Connecticut, LLC
Investment Insights
Based on property information with market context.
This is an undeveloped land parcel positioned for a future development. The property includes some wetlands, and environmental work has already progressed through Phases 1 and 2, with Phase 3 approvals pending completion by the incoming developer. The parcel’s site planning process is set up to move forward once Phase 3 is finalized.
The location sits along the corridor connecting historic downtown Mystic and Stonington, offering visibility and proximity to a tourism, dining, and retail market. The property is described as being suited for a project that benefits from strong regional recognition within the Mystic–Stonington area.
The site is presented as a fit for mixed-use development, including condominiums, as well as options for residential paired with commercial components. With the environmental study work largely completed and the remaining Phase 3 approvals identified, the property may appeal to developers and buyers looking for a parcel that can support a planned build following final approvals. Final feasibility will depend on completing Phase 3 and proceeding with the site strategy contemplated for wetland considerations.
The location sits along the corridor connecting historic downtown Mystic and Stonington, offering visibility and proximity to a tourism, dining, and retail market. The property is described as being suited for a project that benefits from strong regional recognition within the Mystic–Stonington area.
The site is presented as a fit for mixed-use development, including condominiums, as well as options for residential paired with commercial components. With the environmental study work largely completed and the remaining Phase 3 approvals identified, the property may appeal to developers and buyers looking for a parcel that can support a planned build following final approvals. Final feasibility will depend on completing Phase 3 and proceeding with the site strategy contemplated for wetland considerations.
Key Highlights
- Undeveloped parcel on the Mystic–Stonington corridor connecting historic downtown Mystic and Stonington
- Environmental studies Phase 1 and Phase 2 are complete
- Phase 3 approvals are the remaining step to finalize environmental study work
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Demographics for 06379, CT
8,813
Population
4,216
Households
2.1
Avg Household Size
46
Median Age
41%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
722
Density / Sq Mi
$87,352
Median Household Income
$53,617
Median Earnings
$1,183
Median Rent
$364,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Undeveloped parcel on a key Mystic–Stonington corridor with environmental study phases completed for mixed-use planning.
Where is this commercial land located?
The property is located at 16-20 Stonington Rd Stonington, CT.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Undeveloped parcel on the Mystic–Stonington corridor connecting historic downtown Mystic and Stonington; Environmental studies Phase 1 and Phase 2 are complete; Phase 3 approvals are the remaining step to finalize environmental study work
