16 Stonington Road Active

Stonington,CT 06379

$ 2250000

0 Bed

1 Bath

5676 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,676 sqft

Price per Sqft $396

MLS Listing ID 24130984

Half Baths 1

Year Built 1959

Annual Tax Amount $9,864

Lot Size 7.230 Acres

Property Description

This property is one of the largest available parcels of land in the Mystic area at 7.23 acres in the C60 zone and with approximately 5.5 buildable acres! There is a large, former retail space on the property which is past its useful life. The current owner has gone through Phase 2 of clean up with only Phase 3 still needed in the $200-300K range. Land is on a level lot with approvals to fill in some areas. This property is located on the Stonington Road which is a highly traveled state road leading from Westerly through Stonington and into the highly desirable Mystic area. Potential conceptual plans are available. Property can become a strip center, an apartment or condo project, a retail area or an office building. The possibilities are many.

Location

State CT

County New London

Zoning C 60

Interior

Heating No Heat

Cooling None

Flooring Wood

Exterior

Exterior Feature Doors - under 10 ft

Parking Features Paved

Utilities Available Electric

Roof Type Asphalt Shingle

Building

Lot Description Some Wetlands,Level Lot

Foundation Concrete

Sewer Public Sewer In Street

Water Public Water Connected

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