131 Linwood AveColchester, CT 06415

Property Details for 131 Linwood Ave

Year built

1880

Lot size

0.79 AC

Property size (Sq ft)

1,752 SF

Property type

Land

Property subtype

Commercial land

APN

COLC M:011 B:000 L:027-000

APU

COLCM011B000L027000

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity on Route 16, boasting over 200 feet of frontage. Its strategic location within a thriving retail corridor ensures high visibility and accessibility. The property's adjacency to established businesses like Stop & Shop and Keystone Shoppes, which collectively draw over 110,000 customers monthly (source: Placer.ai), guarantees a robust customer base. The site's proximity to Route 2 further enhances its appeal, benefiting from the high average daily traffic (ADT) exceeding 25,000 vehicles. This prime location is situated in an area with an average household income (AHHI) exceeding $120,000 within a 5-mile radius, indicating strong purchasing power and consumer demand. The property's single tenancy allows for flexible development and customization, making it ideal for a variety of commercial ventures. The opportunity to join Chipotle in this established plaza adds significant value and potential for synergy. This is an exceptional chance to secure a highly visible and strategically located commercial property in a high-traffic area with proven consumer demand. The 5,100 square foot development potential offers ample space for a variety of commercial uses. This parcel presents a compelling investment opportunity for businesses seeking a prime location with high visibility and strong consumer demographics.

• Alternative Use

  Use

  Valuation

  Residential

  $331,547

  Hospitality

  $303,695

  Educational

  $252,671

  Medical

  $261,361

  Retail

  $393,044

Location Insight

City

Colchester

County

New London

State

Connecticut

Latitude

41.5716

Longitude

-72.3359

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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