Active

271 & 263 South Main Street

Newtown CT, 06470

$1,499,000


Active

Commercial

Built in 1850

TWO adjacent commercial lots totaling 2.06 acres located in a high-traffic area on South Main Street (Route 25) are being sold together as a package deal. The lot at 271 S Main St (parcel ID 361310) is 1.18 acres, and the lot at 263 S Main St (parcel ID 36139) is 0.88 acres. Lot 271 previously housed the "King's Breakfast & Lunch" restaurant, which is now vacant land. While lot 263 contains a 665 Square foot single structure. The location benefits from an approximate daily traffic count of 16,000 cars and is close to shopping centers, restaurants, and highways. Well and septic tanks are in place. Permitted Uses consist of: Retail use, Office building,Printing/publishing establishment, Wholesale business, Warehouse, Light industrial use and/or a Veterinary hospital. Special Exception Uses (require commission approval) consist of: Hotel/motel, Shopping center, Private school, Brewpubs and distilleries. There is potential for a gas station and convenience store, subject to town approval and zoning changes. YOUR INVESTMENT AWAITS! The property is sold as-is.

24036412

MLS ID

July 31, 2024

Listed

October 1, 2024

Updated

Map

271 & 263 South Main Street
Newtown CT, 06470

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

2.06 Acres


Lot Features

Level


Sewer

Septic Tank

Other Property Details

Taxes

$7,284


Tax Frequency

Annually


Days on Market

18


Garage

No


View

No


County

Fairfield


Water Source

Well


Pool

No


Zoning

M-1

Listing History

Date

Event

Price

8/17/2024

Price change

$1,499,000

-7%

Listed by Islam Ahmad with Regency Real Estate, LLC

Listing Contact: 2038059007 

The IDX display contains information sourced from the  Smart MLS, Inc as of 10/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/1/2024 at 11:50 PM UTC

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