$ 2,499,000
719 Cedar Street Newington, CT 06111
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,499,000
Est. payment /mo
Active
719 Cedar Street Newington, CT 06111
8.04 Acres Lot
UPDATED:
09/18/2024 08:09 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 170581565
Year Built 1940
Annual Tax Amount $21,826
Lot Size 8.040 Acres
Property Description
Opportunity of a Lifetime: Prime T.O.D. Zone Awaits Savvy Developer An extraordinary prospect awaits developers seeking a golden opportunity in the bustling area. Located just across the street from an approved new hotel and adjacent to an upcoming 200-unit apartment complex, this land offers immense potential. Positioned alongside the Ct Fasttrak BUSWAY and CT Fasttrak MultiUse trail conveniently situated between two bus stops, this site presents an unparalleled advantage. Moreover, its natural suitability for use by Central CT State University (CCSU), which has recently expanded its campus, adds to its appeal. Additionally, it may play a crucial role in facilitating access to the state-owned 100-acre site just east of the busway. Exciting prospects are also on the horizon, with plans for a new railway station half a mile east on Cedar St. in the works. Envisioned as a mixed-use development featuring shopping, restaurants, and condos, this upcoming station further enhances the possibilities. Moreover, the property enjoys excellent connectivity, as it is located adjacent to the Newington Exit of Northbound Route 9, with both I-84 and I-91 just minutes away by car. Don't miss the chance to explore this remarkable parcel; walk its grounds and begin envisioning your plans. After years of being held by its family owners, this highly sought-after land is finally available for acquisition.
Location
State CT
County Hartford
Zoning TOD, I
Interior
Heating No Heat
Cooling None
Exterior
Utilities Available Electric Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Dry, Level Lot
Foundation None
Sewer Public Sewer In Street
Water Public Water In Street
Listed by Geena Becker • William Raveis Real Estate