659 Middlebury RdMiddlebury, CT 06762

Property Details for 659 Middlebury Rd

Year built

1948

Lot size

2.64 AC

Property size (Sq ft)

960 SF

Zone code

PO40

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

MIDD M:5-08 L:045

APU

MIDDM508L045

Description

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.

Location Insight

City

Middlebury

County

New Haven

State

Connecticut

Latitude

41.5372

Longitude

-73.1102

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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