719 Cedar Street Newington, CT $ 2,499,000
719 Cedar Street
$ 2,499,000
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719 Cedar Street

Newington, CT, 06111
$ 2,499,000
Baths0.0

Monthly Estimate*

$ 16,609

719 Cedar Street, Newington, CT 06111 - Image 1
719 Cedar Street, Newington, CT 06111 - Image 2
719 Cedar Street, Newington, CT 06111 - Image 3
Studio

Commercial Property for sale in Newington, CT

for $2,499,000. This building was built in 1940 on a lot size of 8.04.

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.

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Commercial Active

Price

$ 2,499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

8.04

Year Built

1940

Town/City

Newington

MLS | Web ID

170581565

Features
General
Zoning TOD I
Year Built 1940
Neighborhood N/A
Heater Type No Heat
County Hartford
Tax Year July 2023-June 2024
Location Highway Access Retail Corridor Strip Mall
Property Type Commercial For Sale
Status Active
Acres 8.04
Directions GPS
City Newington
Street Name Cedar
Sq Ft Total 0
DOM 309
Video Tour Y/N 0
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Interior
Cooling System None
Utilities Available Electric Available Cable Available
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Exterior
Water Source Public Water In Street
Garage Parking None
Lot Description Dry Level Lot
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Internal Only
Street Number 1 719
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* Excluded Features
List By
Geena Becker

Listing Agent

William Raveis Real Estate

Broker

Geena@Geena.biz

Email

Affordability Calculator

$16,609
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,609
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2023$2,499,000 Listed Price

Map


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719 Cedar Street, Newington, CT, 06111 is a Commercial Property for sale at $2,499,000 with a lot size of 8.04. 719 Cedar Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 06111 which is in Newington, CT