Newtown, CT 06482,56 Church Hill Road

$900,000

$995,000

9.5%
Est.Price: ?

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Est. payment /mo

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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Listed by Joseph Augustine • Keller Williams Realty
Bought with Joseph Augustine • Keller Williams Realty
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