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RT 32, Zoned Village mixed use 15 River Rd 6,019 SF Vacant Retail Building Willington, CT 06279 $795,000 ($132.08/SF)
Investment Highlights
- Additional 5,000 sqft of unfinished basement area that could be used as a storage area for tenants.
- Large oversized parking lot for events or additions to the building.
- Approved outdoor patio attached to current bar/restaurant space.
- Both parcels butted up against the railroad.
Executive Summary
Discover an exceptional investment opportunity in the heart of Willington, CT, along the bustling Route 32 corridor! This 6,019 SF multi-tenant retail property is strategically positioned to capitalize on the dynamic growth of the area, with unparalleled proximity to the University of Connecticut (UCONN) main campus and high-traffic highway access points.
Currently composed of four versatile units, this property is perfectly suited for retail ventures or businesses catering to the local and collegiate communities. Newly zoned "South Willington Village Mixed-Use Zone" (SWV) zoning unlocks a broad spectrum of possibilities, offering a canvas for investors to reimagine and maximize its potential. Whether you’re looking to attract national retailers, create a vibrant community hub, or expand your portfolio, this property provides the foundation for success.
Currently composed of four versatile units, this property is perfectly suited for retail ventures or businesses catering to the local and collegiate communities. Newly zoned "South Willington Village Mixed-Use Zone" (SWV) zoning unlocks a broad spectrum of possibilities, offering a canvas for investors to reimagine and maximize its potential. Whether you’re looking to attract national retailers, create a vibrant community hub, or expand your portfolio, this property provides the foundation for success.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
6,019 SF
Building Class
C
Year Built
1969
Price
$795,000
Price Per SF
$132.08
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
6.10 AC
Zoning
SWV - Village Mixed Use - 2 Parcels
Easement in place to access the rear lot.
Property Taxes
| Parcel Number | WILL-000000-000000-137900 | Improvements Assessment | $247,810 |
| Land Assessment | $127,960 | Total Assessment | $375,770 |
Property Taxes
Parcel Number
WILL-000000-000000-137900
Land Assessment
$127,960
Improvements Assessment
$247,810
Total Assessment
$375,770
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RT 32, Zoned Village mixed use | 15 River Rd
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