$900,000
$995,000
9.5%For more information regarding the value of a property, please contact us for a free consultation.
8,360 SqFt
SOLD DATE : 10/29/2021
Key Details
Sold Price $900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,360 sqft
Price per Sqft $107
MLS Listing ID 170329769
Sold Date 10/29/21
Year Built 1986
Annual Tax Amount $13,997
Lot Size 0.580 Acres
Property Description
This is a corner lot in a burgeoning business district in Newtown. This rare and sought after location is right off I-84's exit 10, in one of the busiest sections of town. The existing modern looking structure sits on 0.58 acres on the coveted corner of Church Hill and Commerce Rd, with potential for additional adjacent land purchase in back. This property is currently priced under replacement cost not including cost of the land as assessed by recent valuation. This location is zoned for multiple use, with upside potential for retail, medical, offices, restaurant. Newer air handlers on lower and upper levels. One current tenant on upper floor lease negotiable moving forward. This could be kept as a straight investment property or re-imagined to bring your vision to life.
Location
State CT
County Fairfield
Zoning B-2
Interior
Interior Features Security System
Heating Hot Air
Cooling Central Air
Exterior
Parking Features Parking Lot
Utilities Available Electric, Gas, Phone Available, Cable Available
Roof Type Other
Building
Lot Description Corner Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Joseph Augustine • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "