263 & 271 South Main Street
Newtown, CT, 06470 $ 999,000
Baths0.0 Monthly Estimate*
$ 6,151
Studio for $999,000. The lot size is 2.06.
An exceptional commercial opportunity awaits with two adjacent parcels totaling 2.06 acres, ideally positioned along South Main Street Route 25 in a highly visible, high traffic corridor. Offered together as a single package, 271 South Main Street encompasses 1.18 acres and 263 South Main Street adds an additional 0.88 acres, creating a versatile footprint with outstanding exposure to approximately 16,000 vehicles per day. Formerly home to a well known local restaurant, the property is now vacant land ready for a fresh vision and future development. The setting is surrounded by established retail, dining, and convenient highway access, making it a prime location for a wide range of commercial uses. Existing well and septic systems are in place, adding value and flexibility for redevelopment. Permitted uses include retail, office, printing and publishing, wholesale, warehouse, light industrial, and veterinary hospital, while special exception uses with approval include restaurant, quick service restaurant, drive thru, hotel or motel, shopping center, bank, and private school. Additional potential exists for uses such as a gas station, Restaurant, or car wash, subject to zoning changes and town approvals. With its strong visibility, flexible zoning, and strategic location, this property presents a compelling investment opportunity for developers, business owners, or investors seeking long term value. The property is being sold as is and offers endless potentia!
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FeaturesGeneralZoning M-1
Neighborhood N/A
County Fairfield
Tax Year July 2025-June 2026
Location Rural
Property Type Lots and Land For Sale
Status Active
Acres 2.06
Directions Button Shop Road to Main St.
High School Newtown
City Newtown
Elementary School Middle Gate
Sq Ft Total 0
DOM 0
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InteriorUtilities Available Cable Available Electric Available Gas Available Phone Available
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ExteriorWater Source Private Well
Lot Improvements None
Lot Description Corner Lot Lightly Wooded Level Lot
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $6,151
- Monthly Property Taxes
- $597
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Newtown, CT
Average List Price $412,150
Percent of Sale Price 59%
About Newtown, CT 28,158 Population
13% Since 2002
$ 111,278 Median Income
46.22 Median Age
39% Households with Children
Trends Information provided by ATTOM Data Solutions.
1232516 Elementary School
3041407 Middle School
Newtown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/28/2026 | $999,000 | | Listed Price |