Investment Opportunity on Busy Main Road Stonington, CT Unique chance to own a residential commercial property zoned for Convenience Shopping in the high traffic corridor of Stonington, CT perfect for ...


Property

Website:https://www.nestseekers.com/5255991
Address:
414 Liberty
Stonington, CT 06379
Ownership: Commercial
Type: Commercial
Bathrooms: 1
Area: 1063 sq ft

Financials

Price:$1,400,000
Annual Taxes:$2,732

Description

Investment Opportunity on Busy Main Road - Stonington, CT Unique chance to own a residential/commercial property zoned for "Convenience Shopping" in the high-traffic corridor of Stonington, CT - perfect for developers, investors, or owner-operators looking for flexible, income-producing real estate. Prime Location at a Main thoroughfare with excellent visibility and traffic flow that includes main route between Foxwoods casino, RT95 and RI Beaches. Lot Size is Approx. 1.12 acres with potential to acquire adjacent 1-acre property and includes Single-Family Home for strong rental income potential or owner-occupy. Zoned CS-5 for Convenience Shopping which allows for a mix of retail, office, service businesses, or redevelopment (subject to approvals) Investor Highlights: Commercial zoning in a residential setting - rare flexibility. High-demand location for retail, medical, or small business uses. Rental income from existing residence adds immediate value. Expand your footprint with neighboring parcel opportunity. Unlock the potential to Develop, lease, or land-bank in one of Stonington's busiest corridors. Opportunities like this don't come often - especially with expansion potential!

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Romina Moran of Media Realty Group, Inc.