29
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$2,250,000
Est. payment /mo
1 Bath
5,676 SqFt
Active
16 Stonington Road Stonington, CT 06379
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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
Listed by Donna Simmons • Mott & Chace Sotheby's Intl Rt