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239 Preston Rd
Griswold, CT 06351
 Land For Sale · 25.00 AC

Commercial Land Parcels Connecticut 239 Preston Rd, Griswold, CT 06351

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INVESTMENT HIGHLIGHTS

  • Approved master plan that includes multifamily, senior housing and memory care, and commercial components
  • A major infrastructure investment from the State of Connecticut totaling nearly $9 million
  • 32,000 SF of approved commercial space
  • Flexibility within the approved site plan

EXECUTIVE SUMMARY

Colliers is pleased to present the opportunity for a qualified developer to acquire the Heritage River Village development site at 203-249 Preston Road in Griswold, Connecticut. The mixed-use site is approved for 266 multifamily and single family attached housing units, 210 upscale active adult, independent living or service enriched assisted living and memory care units, up to 48,000 square feet of commercial space, and a 47,400 square foot health or medical complex. Located just 0.5 miles from Interstate 395, Heritage River Village is strategically located in an underdeveloped location between New London, Connecticut and Worchester, Massachusetts.
Please visit www.heritagerivervillagect.com for a full offering memorandum and additional diligence information.

PROPERTY FACTS

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
Property Type Land Total Lot Size 25.00 AC
Zoning C1
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Mixed Use
Total Lot Size 25.00 AC
Zoning C1

1 LOT AVAILABLE

Lot

Lot Size 25.00 AC
Lot Size 25.00 AC

DESCRIPTION

Colliers is pleased to present the opportunity for a qualified developer to acquire the Heritage River Village development site at 203-249 Preston Road in Griswold, Connecticut. The mixed-use site is approved for 266 multifamily and single family attached housing units, 210 upscale active adult, independent living or service enriched assisted living and memory care units, up to 48,000 square feet of commercial space, and a 47,400 square foot health or medical complex. Located just 0.5 miles from Interstate 395, Heritage River Village is strategically located in an underdeveloped location between New London, Connecticut and Worchester, Massachusetts.

PROPERTY TAXES

Parcel Number GRIS-000053-000090-000016-000021 Improvements Assessment $0
Land Assessment $110,390 Total Assessment $110,390

PROPERTY TAXES

Parcel Number
GRIS-000053-000090-000016-000021
Land Assessment
$110,390
Improvements Assessment
$0
Total Assessment
$110,390
 

  • Listing ID: 36951940

  • Date on Market: 7/28/2025

  • Last Updated:

  • Address: 239 Preston Rd, Griswold, CT 06351

More public record information on 239 Preston Rd, Griswold, CT 06351

The Land Property at 239 Preston Rd, Griswold, CT 06351 is currently available for Sale. Contact Colliers for more information.

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