271 Main St Newtown, CT 06470

Property Details for 271 Main St

Lot size

2.06 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents 2.06 acres of prime commercial land in Newtown, Connecticut, strategically located on South Main Street (Route 25), a high-traffic area boasting approximately 16,000 cars daily. The property comprises two adjacent lots: 271 S Main St (1.18 acres, previously a restaurant) and 263 S Main St (0.88 acres, with a 665 sq ft existing structure). Both parcels are zoned M-1, allowing for a variety of uses including retail, office, light industrial, warehouse, printing/publishing, and veterinary hospital. Special exceptions, subject to commission approval, include hotels/motels, shopping centers, private schools, and brewpubs/distilleries. Further development potential exists for uses such as gas stations, convenience stores, and car washes, contingent upon town approval and zoning modifications. Existing infrastructure includes well and septic systems. The property is conveniently located near shopping centers, restaurants, and major highways, making it an ideal location for a diverse range of commercial ventures. Offered at $1,499,000, this property is sold as-is. Parcel IDs are 361310 and 36139. The address is 271 & 263 S Main St, Newtown, CT 06470. This is a rare opportunity to acquire a significant commercial land holding in a thriving Connecticut town.