Exceptional redevelopment opportunity at 305 South Street in Plymouth, CT, directly across from beautiful Plymouth Lake. First time this property has been available since 1996. Currently operating as an upholstery shop, this versatile commercial property offers tremendous potential for investors, entrepreneurs, or owner occupants seeking a prime location with future upside. Plans were previously approved by the town to convert the upper level into residential living space while maintaining commercial use below, creating an exciting opportunity for possible single family, multifamily, or mixed use redevelopment. Buyers to perform their own due diligence regarding approvals, zoning, permits, intended future use, and potential benefits under Connecticut Public Act 25-164 encouraging adaptive reuse opportunities for qualifying properties. Property includes lake rights to Plymouth Lake, adding rare recreational appeal and increased desirability. Ideal for live/work space, income potential, retail, office, cafe, boutique shop, office conversion, and more. Rare opportunity in a highly visible and desirable location.
| MLS # | 24171538 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 162 |
| Listing Provided By | Coldwell Banker Realty | Carmelina Riccitelli |
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 4,041 |
| Garage | 2 |
| Basement | Y |
| Zoning | RA-2L |
| Acreage | 0.45 |
| Total Rooms | 4 |
|---|---|
| Cooling System | Wall Unit, Window Unit |
| Appliances Included | None |
| Fireplaces Total | 2 |
| Exterior Features | Awnings, Deck |
|---|---|
| Roof Information | Asphalt Shingle |
| Foundation Type | Concrete |
| Garage & Parking | Under House Garage |
|---|---|
| Garages Number | 2 |
| Sewage System | Public Sewer Connected |
|---|
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 3994 |
| State | CT |
|---|---|
| County | Litchfield |
| City | Plymouth |
| Zip Code | 06782 |
| Area | Lake Plymouth |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Terryville |
| Listing VS Median (in 06782) | |
Price: $534,900 low | high Med: $534,900 sqft: 4,041 low | high Med: 3,970 $ / sqft: $132 low | high Med: $135 On site: 162 low | high Med: 162 | |
| State | CT |
|---|---|
| County | Litchfield |
| City | Plymouth |
| Zip Code | 06782 |
| Area | Lake Plymouth |
| School District | Per Board of Ed |
| Elementary School | Per Board of Ed |
| High School | Terryville |
| Listing VS Median (in 06782) | |
Price: $534,900 low | high Med: $534,900 sqft: 4,041 low | high Med: 3,970 $ / sqft: $132 low | high Med: $135 On site: 162 low | high Med: 162 | |