216 South Main Street Newtown, CT 06470

$389,900
216 South Main Street, Newtown, CT 06470
Call 1-800-839-1363
170061162

Commercial Property for sale in Newtown, CT

for $389,900. This 1,248 square foot building was built in 1962 on a lot size of 3.6800 Acre(s).

Property Information

  • $389,900
  • Commercial
  • 1,248 Square Feet
  • Taxes are $5,645
  • Residential
  • Active
  • Lot size of 3.6800 Acre(s)
  • Built in 1962
  • Newtown, CT
  • MLS/Web ID is 170061162

Description

Just Listed! 3.68 Commercial B1 Zoned acres ON Rte 25/South Main Street. Approximately 150-foot frontage. The property has a single family 3 bedroom, 1 bath ranch style house with a 2 car attached garage that is occupied by a tenant that is willing to stay. Earn income to pay all of your carrying costs and more while going for approvals for your new development. Consider the site for any of these approved zoning uses: Store or shop for the conduct of retail business including a liquor Store, personal service establishment, financial institution, restaurant, offices, bed and breakfasts, telephone exchange, electric substation or other public utility (except towers and antennas - see guidelines in supplements). Also allowed uses include residential within and above approved commercial uses. Through a special exception permit, the following uses could be approved if within size guidelines as noted in the regulations: Adult day care or child care centers, Medical or Dental Laboratory and Veterinary hospital. Don't miss this opportunity! 4.02.221 Building having Less Than 4, 500 Square Feet: More than one permitted use may occupy a single building provided the maximum number of permitted uses does not exceed the building floor area divided by 1, 000.4.02.222 Building having More Than 4, 500 Square Feet and Less than 10, 000 square feet. Any lot having at least 43, 560 square feet and a minimum of 150 feet of frontage at the street line may have a building larger than 4, 500 square feet and less than 10, 000 square feet. More than one permitted use may occupy a single building provided the maximum number of uses does not exceed the building floor area divided by 1, 000. This property has 150 foot frontage and over 160, 000 sf. This will qualify for a 10, 000 sf building. Based on acreage and zoning regulations, GFA may be as high as 33, 000 sf. Call Town of Newtown Planning and Zoning Department for clarification.

Interior 3

Heating System

  • Hot Water

Sewer

  • Septic Tank

Water Source

  • Private Well

Exterior 8

Construction

  • Frame

Driveway

  • Driveway

Exterior

  • Gutters
  • Outdoor Lighting

Garage

  • Attached
  • Parking Garage

Lot Description

  • Level/Flat

Parking

  • 1-20 Parking Spaces
  • Off Street Parking

Road Frontage

  • Paved
  • US Highway

Roof

  • Asphalt Shingles

Miscellaneous 3

Documents

  • Demograph
  • Legal Description
  • Restricted Property Disclosure

Location

  • Suburban

Utilities

  • Cable
  • Electric
  • Gas
  • Phone

† Excluded Feature

Listed By

Listing Agent: Jeanette Politano
Broker: COLDWELL BANKER RESIDENTIAL BROKERAGE

216 South Main Street, Newtown, CT, 06470 is a Commercial Property for sale at $389,900 with 1,248 sqft and a lot size of 3.6800 Acre(s). 216 South Main Street has 0.0 baths and was built in 1962. The property's zip code is 06470 which is in Newtown, CT

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newtown $561,202 44 % above $451,950 16 % above
Commerical listings in Newtown $602,760 55 % above $389,900 0 % below

Get the facts about Newtown, CT!

Population 27,826
Population Growth (since 2000) 11 %
Median Income $108,381
Median Age 45.42
Households w/ Children 39 %

Residential Dwellings

  • Owned 8521
  • Vacant 546
  • Rented 1036

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