31 Silvermine Rd Seymour, CT 06483-3906

This exceptional 15.99-acre property at 31, 39 & 47 Silvermine Road in Seymour, Connecticut, presents a unique dual-use opportunity. Currently zoned GI-2, it offers significant potential for both industrial and residential development. The site includes a 11,000 square foot building constructed in 1985, with a 12-foot ceiling height, currently generating income. The existing structure provides immediate revenue while the expansive land allows for the construction of a substantial new building. Conceptual plans could include a modern, high-bay warehouse exceeding 100,000 square feet, capitalizing on the area's industrial demand. Alternatively, the zoning permits multi-family residential development, including the possibility of incorporating affordable housing units, aligning with the town's planning objectives. The property boasts convenient access to Route 8 (Exit 22), enhancing its appeal to both industrial tenants and residents. This prime location within the Silvermine Industrial Park places it near established businesses such as Thule and Basement Systems. The asking price for this versatile property is $2,800,000. The total square footage of the land is 696,524 square feet. This presents a compelling investment opportunity with significant upside potential.