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Commercial Land for Multifamily Development
For Sale
$645,000

41 Trolley Rd, Westbrook, CT 06498

Two-parcel offering with conceptual plans for residential housing near town, rail service, and Middle Beach.

Property Size2,238 SF
Days on Market47

Property Features for 41 Trolley Rd

General Information

Standard status Active
Size 2,238 SF
Property subtype Commercial

Building Details

Building Size 2,238 SF
Year Built 1900
Listing Agency: William Raveis Real Estate
Listed By: Jennifer Gurnell · License #RES.0002284
Source: Elliman
Added: Jul 16 Changed: Aug 30 Last Checked: Aug 30 at 2:53PM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

This commercial land offering combines two parcels at 41 Trolley Rd in Westbrook, Connecticut. Concept plans contemplate a 33-unit residential project with one-bedroom, one-bath units that include dens. The proposed allocation includes 10–13 units on Trolley Road and 23 units on Salt Island Road.

The property is positioned in Westbrook’s shoreline area, within walking distance of town, train service, and Middle Beach. Shopping, dining, and commuter routes are also identified in the surrounding context. WalkScore is 48 and bikeScore is 50, with the property classified as Bikeable and Car-Dependent, respectively.

Key Highlights

  • Two parcels offered together at 41 Trolley Rd, Westbrook, CT 06498
  • Concept plans for a 33‑unit residential project
  • Proposed mix includes one‑bedroom, one‑bath units with dens

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nail Salon HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 06498, CT

6,793
Population
4,180
Households
1.6
Avg Household Size
53
Median Age
45%
College-Educated
93%
High-School Grad
15.8 sq mi
ZIP Area
430
Density / Sq Mi
$76,172
Median Household Income
$47,762
Median Earnings
$1,349
Median Rent
$423,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-parcel offering with conceptual plans for residential housing near town, rail service, and Middle Beach.
Where is this commercial land located?
The property is located at 41 Trolley Rd Westbrook, CT.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Two parcels offered together at 41 Trolley Rd, Westbrook, CT 06498; Concept plans for a 33‑unit residential project; Proposed mix includes one‑bedroom, one‑bath units with dens
More about this property
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