719 Cedar Street, Newington, CT, 06111
1940
0 sqft
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.
Status:
Active
Type:
Commercial
Zoning:
TOD, I
Frontage:
State Road
Heating:
No Heat
Cooling:
None
Acreage:
8.04
Est. Taxes:
$21,826
Assessment
$550,200
Utilities
Electric Available,Cable Available
Lot Description:
Dry,Level Lot
Days on Market:
482
MLS #:
170581565
Buyer Broker Compensation:
2.0%
Buyer Broker Compensation is for display purposes only and must be confirmed in writing directly from Listing Broker