Outstanding Redevelopment Site

Vacant Land for Sale
Catylist Listing ID: 30359108
Property Subtypes: Office, Residential (Single Family), Other
Gross Land Area: 1.03 Acres
Sale Price: $450,000
Unit Price: $436,893 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2020

Overview / Comments

–Outstanding central Newtown location on Church Hill Road.
–Redevelopment ( tear down ) opportunity.
–City water/sewer connected.
–Level lot ( 1.03 acres ).
–Traffic count per day–-16,600.
–Potential for 4,500 sf to 6,000 sf+- building with 18 to 25 parking spaces.
–P-1 Zone–-with many potential uses: professional office, office/residential, medical and personal services.
–Abandon improvements built in 1903 with Gross sf of 3,730 and 1,841 sf of living

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Tax ID/APN: 26-11-8
Zoning: P-1---PROFESSIONAL OFFICE, OFFICE/RESIDENTIAL, PERSONAL SERVICES, BANK, RESTAURANT
Property Located Between: Off I-84 at exit #9
Property Visibility: Excellent
Feet of Frontage: 143
Traffic/Vehicle Count: 16,600
Highway Access: I-84
Site Description: Level
Zoning Description: P-1
Topography: Level
Easements: Utilities
Easements Description: SEWER
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,941 19,398 51,001
Median Age: 43.4 42.95 43.83
Households: 696 6,798 18,316
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