1171 Straits Tpke Middlebury, CT 06762
- Commercial real estate
- 1.01 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1171 Straits Tpke
- Lot size
- 1.01 lot acres
- Zone code
- R40
- Property type
- Commercial real estate
- APN
- MIDD M:4-08 L:011
- APU
- MIDDM408L011
Description
This exceptional 1.01-acre storefront property at 1171 Straits Turnpike in Middlebury, Connecticut, presents a unique investment opportunity. Built in 1910, this single-tenancy retail space is situated at the highly visible intersection of Routes 63 and 64, ensuring significant exposure to a substantial volume of daily traffic. The property boasts a permitted R-40 zoning classification, offering flexibility for potential redevelopment or repurposing. Currently configured as a professional office space with a finished full basement, the building's adaptable layout caters to a variety of commercial uses. The substantial lot size provides ample space for expansion, parking, or outdoor amenities. The asking price is $560,000. The property's location in Middlebury, New Haven County, CT (zip code 06762), offers easy access to major transportation routes and a thriving local community. The APN is 4-08-011. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a desirable Connecticut market. The seller is willing to consider a sale contingent upon a zone change.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middlebury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.09
- Latitude
- 41.5405
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA