Active
719 Cedar Street
Newington CT, 06111
$2,499,000
Active
Commercial
Built in 1940
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.
170581565
MLSⓇ ID
July 26, 2023
Listed
August 23, 2024
Updated
Map
719 Cedar Street
Newington CT, 06111
Interior Features
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
8.04 Acres
Lot Features
Level
Roof
Asphalt
Other Property Details
Area Name
N/A
Taxes
$21,826
Tax Frequency
Annually
Days on Market
386
Garage
No
View
No
County
Hartford
Pool
No
Zoning
TOD, I
Listed by Geena Becker with William Raveis Real Estate
Listing Contact: 8609834446
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Data last updated on 8/23/2024 at 11:26 AM UTC