For Sale
$449,900

659 Middlebury RdMiddlebury, CT 06762

Prime 2.64-acre development site in Middlebury, CT.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2.64-acre commercial land parcel, located at 659 Middlebury Road in Middlebury, Connecticut (zip code 06762), presents a unique investment opportunity. Situated in the heart of Middlebury's retail zone, this property boasts a highly desirable location with excellent visibility and accessibility. The site is zoned P.O. 40 Commercial and has previously received approval for the construction of a 7,500+ square foot office building. This significantly reduces the time and cost associated with obtaining necessary permits. The property benefits from readily available city water and sewer services, simplifying development plans. Route 64 provides convenient access, with a daily traffic count exceeding 10,000 vehicles, ensuring high visibility for any future development. The property is offered for sale at $449,900. A ground lease option is also available at $50,000 annually plus taxes. Its proximity to I-84 provides easy access to regional transportation networks, further enhancing its appeal to potential developers and investors. This is an ideal opportunity to capitalize on the strong commercial market in Middlebury, Connecticut. Don't miss this chance to acquire a prime development site in a thriving location.

Highlights

  • 2.64-acre commercial land parcel.
  • Previously approved for a 7,500+ sq ft office building.
  • City water and sewer available.
  • Located in Middlebury's retail zone.
  • High visibility on Route 64, with 10,000+ vehicles daily.
  • Asking price: $499,900; ground lease option available at $50,000 annually plus taxes.

Property Details for 659 Middlebury Rd

Property type
Retail properties, Land
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Middlebury
County
New Haven
State
Connecticut
Latitude
41.537264
Longitude
-73.1103186
659 Middlebury Rd, Middlebury, Connecticut

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659 Middlebury Rd
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