For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

225 Parum Rd Colchester, CT 06415

For Sale
$7,000,000

72 Acres, Mixed-Use, $7M

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional 72.3-acre mixed-use property in Colchester, Connecticut, presents a significant investment opportunity. Located in New London County, this offering comprises three parcels zoned C. The largest parcel, situated on Parum Road, encompasses 45.65 acres and includes a substantial 2,310 square foot commercial building, ideal for redevelopment or continued use. A second parcel on Parum Road adds another 0.48 acres with a 1,038 square foot commercial building. Finally, a 26.17-acre parcel of raw land on Chestnut Hill Road offers considerable potential for future development. The combined acreage provides ample space for a variety of commercial ventures, benefiting from its strategic location in southeastern Connecticut. The asking price for this expansive property is $7,000,000. This is a rare opportunity to acquire a large-scale commercial property with existing structures and significant undeveloped land, allowing for diverse development possibilities and substantial future returns. The property's zoning designation allows for a wide range of commercial uses, making it an attractive investment for developers and entrepreneurs alike. The existing buildings offer immediate income potential or the possibility of renovation and expansion. The significant acreage of undeveloped land provides ample room for future construction and expansion, catering to a variety of commercial needs. This property is ideally suited for investors seeking a substantial land holding with immediate income potential and long-term growth prospects.

Property Features for 225 Parum Rd

General Information

Property type
Land
Lot Size
3,149,388 SF

HighLights

  • 72.3‑acre mixed‑use property in Colchester, CT, New London County, asking $7,000,000.
  • 26.17 acres of raw land on Chestnut Hill Road.
  • 45.65‑acre parcel on Parum Road with a 2,310 sq ft commercial building.
  • 0.48‑acre parcel on Parum Road with a 1,038 sq ft commercial building.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Colchester
County
New London
State
Connecticut
Longitude
-72.3103299
Latitude
41.564144

FAQs

What type of property is this?
Land - 72 Acres, Mixed-Use, $7M
Where is this land located?
The property is located at 225 Parum Rd Colchester, CT.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 72.3-acre mixed-use property in Colchester, CT, New London County, asking $7,000,000.; 26.17 acres of raw land on Chestnut Hill Road.; 45.65-acre parcel on Parum Road with a 2,310 sq ft commercial building.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message