659 Middlebury Rd Middlebury, CT 06762
- Investment properties
- 960 SF
- 2.64 lot acres
Current Use by Public Records
- Investment properties
Property Details for 659 Middlebury Rd
- Year built
- 1948
- Lot size
- 2.64 lot acres
- Property size
- 960 SF
- Zone code
- PO40
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- MIDD M:5-08 L:045
- APU
- MIDDM508L045
Description
This exceptional 2.64-acre commercial land parcel, located at 659 Middlebury Road in Middlebury, Connecticut (zip code 06762), presents a unique investment opportunity. Situated in the heart of Middlebury's retail zone, this property boasts a highly desirable location with excellent visibility and accessibility. The site is zoned P.O. 40 Commercial and has previously received approval for the construction of a 7,500+ square foot office building. This significantly reduces the time and cost associated with obtaining necessary permits. The property benefits from readily available city water and sewer services, simplifying development plans. Route 64 provides convenient access, with a daily traffic count exceeding 10,000 vehicles, ensuring high visibility for any future development. The property is offered for sale at $449,900. A ground lease option is also available at $50,000 annually plus taxes. Its proximity to I-84 provides easy access to regional transportation networks, further enhancing its appeal to potential developers and investors. This is an ideal opportunity to capitalize on the strong commercial market in Middlebury, Connecticut. Don't miss this chance to acquire a prime development site in a thriving location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middlebury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.1102
- Latitude
- 41.5372
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
