Newington, CT - Prime retail land with many other possibilities

Vacant Land for Sale
Catylist Listing ID: 30319457
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 6.24 Acres
Sale Price: $1,499,999
Unit Price: $240,384 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/5/2019

Overview / Comments

Excellent Location...Site has many possibilities in the existing zone and a possibility to residential with a zone change as it is surrounded by residential on the East and South side. Direct access to the Berlin Turnpike North and South and many other business up and down the turnpike.
Permitted uses include- Retail trades, banking, Personal services, business offices, clubs and fraternal orders.
Uses with special permits include- health clubs, dance studios, funeral parlors printers, dry cleaners, restaurants, fuel center located in a shopping center, contractors equipment sales and service, hotels, light industrial, veterinary hospitals, theaters, night clubs, bowling alleys, motor vehicle services.

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Taxing Authority: Newington
Tax ID/APN: 09003094-Z3272800
Zoning: B-BT
Property Visibility: Good
Largest Nearby Street: Berlin Turnpike
Feet of Frontage: 570
Highway Access: Access to Berlin Turnpike North or South directly from Kitts Lane
Airports: Bradley airport 25 Min North
Site Description: Wooded undeveloped site adjacent to a large retail strip with big box stores, restaurants, fitness center and banking and more
Area Description: Easy access to the busy Berlin turnpike and the major business district for the Town of Newington
Zoning Description: Many uses see attached Newington regulations for zone B and B-BT. Many possibilities including possibly a change to residential. Go to https://www.newingtonct.gov/DocumentCenter/View/3614/TPZ-Zoning-Regulations-PDF
Topography: Undulating
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,675 85,262 245,625
Median Age: 44.22 42.1 38.56
Households: 5,342 33,939 95,941

Contact

Photograph of Listing Agent

Jeffrey Del Favero

BHHS New England Properties
CTCList Member
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