131 Linwood Ave Colchester, CT 06415

Property Details for 131 Linwood Ave

Year built

1880

Lot size

0.79 lot acres

Property size

1,752 SF

Property type

Commercial land

APN

COLC M:011 B:000 L:027-000

APU

COLCM011B000L027000

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity on Route 16, boasting over 200 feet of frontage. Its strategic location within a thriving retail corridor ensures high visibility and accessibility. The property's adjacency to established businesses like Stop & Shop and Keystone Shoppes, which collectively draw over 110,000 customers monthly (source: Placer.ai), guarantees a robust customer base. The site's proximity to Route 2 further enhances its appeal, benefiting from the high average daily traffic (ADT) exceeding 25,000 vehicles. This prime location is situated in an area with an average household income (AHHI) exceeding $120,000 within a 5-mile radius, indicating strong purchasing power and consumer demand. The property's single tenancy allows for flexible development and customization, making it ideal for a variety of commercial ventures. The opportunity to join Chipotle in this established plaza adds significant value and potential for synergy. This is an exceptional chance to secure a highly visible and strategically located commercial property in a high-traffic area with proven consumer demand. The 5,100 square foot development potential offers ample space for a variety of commercial uses. This parcel presents a compelling investment opportunity for businesses seeking a prime location with high visibility and strong consumer demographics.

Location Insight

City

Colchester

County

New London

State

Connecticut

Longitude

-72.3359

Latitude

41.5716

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments