Newington, CT 06111,719 Cedar Street
Newington, CT 06111,719 Cedar Street
Newington, CT 06111,719 Cedar Street
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$ 2,499,000
Est. payment | /mo

8.04 Acres Lot


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$ 2,499,000
Est. payment | /mo
Save

8.04 Acres Lot

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

GET MORE INFORMATION

Joe And Jocelyn Maggi

REALTOR® | Lic# 9088667 | 9555634

+1(413) 530-4657

442 STATE STREET BELCHERTOWN MA 01007

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719 Cedar Street