56 Church Hill RoadNewtown, CT 06482MLS Number 170329769

  • Price: $995,000
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
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  • 0.58Acreage
  • 1986Year Built
  • 8,360Square Feet

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This is a corner lot in a burgeoning business district in Newtown. This rare and sought after location is right off I-84's exit 10, in one of the busiest sections of town. The existing modern looking structure sits on 0.58 acres on the coveted corner of Church Hill and Commerce Rd, with potential for additional adjacent land purchase in back. This property is currently priced under replacement cost not including cost of the land as assessed by recent valuation. This location is zoned for multiple use, with upside potential for retail, medical, offices, restaurant. Newer air handlers on lower and upper levels. One current tenant on upper floor lease negotiable moving forward. This could be kept as a straight investment property or re-imagined to bring your vision to life.

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Property Details

The Matthews Group

Your Local Office

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The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of Keller Williams Realty

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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