263 & 271 Main South Street,Newtown, CT 06470
Newtown, CT 06470
Description
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!
Details
| MLS # | 24150429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 255 |
| Listing Provided By | KW Legacy Partners | Dan Leyden |
Features
| Zoning | M-1 |
|---|---|
| Acreage | 2.06 |
| Water Front | Yes |
Utilities
| Utilities Available | Cable Available, Electric Available, Gas Available, Phone Available |
|---|---|
| Sewage System | Septic |
Taxes
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 1883 |
Area Information
| State | CT |
|---|---|
| County | Fairfield |
| City | Newtown |
| Zip Code | 06470 |
| Area | N | A |
| School District | Middle Gate |
| Elementary School | Middle Gate |
| High School | Newtown |
| Listing VS Median (in 06470) | |
Price: $999,000 low | high Med: $699,450 On site: 255 low | high Med: 27 | |
Market Activity 06470
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Learn More About This Property
| State | CT |
|---|---|
| County | Fairfield |
| City | Newtown |
| Zip Code | 06470 |
| Area | N | A |
| School District | Middle Gate |
| Elementary School | Middle Gate |
| High School | Newtown |
| Listing VS Median (in 06470) | |
Price: $999,000 low | high Med: $699,450 On site: 255 low | high Med: 27 | |