263 & 271 S Main St, Newtown, CT 06470

$999,000

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List Price
$999,000
Status
ACTIVE
MLS#
24150429
Acres
2.06
Neighborhood
N/A

Property Description

An exceptional commercial opportunity awaits with two adjacent parcels totaling 2.06 acres, ideally positioned along South Main Street Route 25 in a highly visible, high traffic corridor. Offered together as a single package, 271 South Main Street encompasses 1.18 acres and 263 South Main Street adds an additional 0.88 acres, creating a versatile footprint with outstanding exposure to approximately 16,000 vehicles per day. Formerly home to a well known local restaurant, the property is now vacant land ready for a fresh vision and future development. The setting is surrounded by established retail, dining, and convenient highway access, making it a prime location for a wide range of commercial uses. Existing well and septic systems are in place, adding value and flexibility for redevelopment. Permitted uses include retail, office, printing and publishing, wholesale, warehouse, light industrial, and veterinary hospital, while special exception uses with approval include restaurant, quick service restaurant, drive thru, hotel or motel, shopping center, bank, and private school. Additional potential exists for uses such as a gas station, Restaurant, or car wash, subject to zoning changes and town approvals. With its strong visibility, flexible zoning, and strategic location, this property presents a compelling investment opportunity for developers, business owners, or investors seeking long term value. The property is being sold as is and offers endless potentia!

Additional Information

Taxes
$7,163
Lot Size
89,733
Sewer
Septic Tank
Water Source
Private Well
Elementary School
Middle Gate
Middle School
Newtown
High School
Newtown

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Calculator source: Real Geeks

Listing courtesy of Dan Leyden from KW Legacy Partners. (603) 978-5844 (860) 313-0700

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