Active

719 Cedar Street

Newington CT, 06111

$2,499,000


Active

Commercial

Built in 1940

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.

170581565

MLS ID

July 26, 2023

Listed

July 10, 2024

Updated

Map

719 Cedar Street
Newington CT, 06111

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

8.04 Acres


Lot Features

Level


Roof

Asphalt

Other Property Details

Area Name

N/A


Taxes

$21,826


Tax Frequency

Annually


Days on Market

348


Garage

No


Parking

None


View

No


County

Hartford


Pool

No


Zoning

TOD, I

Listed by Geena Becker with William Raveis Real Estate
Listing Contact: 8609834446 

The IDX display contains information sourced from the  Smart MLS, Inc as of 7/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 7/10/2024 at 3:52 AM UTC

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