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Executive Summary

Redevelopment Opportunity in Monroe, 3.26 acre property has frontage on both RT-25 and Pepper Street. Currently there is a 1,841 sf residential dwelling on it, with flexible B1 zoning the future of this parcel presents a great opportunity for redevelopment.

Property Facts

Price $899,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.26 AC
Zoning B1 - Business

1 Lot Available

Lot

Price $899,000
Price Per AC $275,766.87
Lot Size 3.26 AC

Description

- Redevelopment opportunity: Property offers a high-visibility corridor, ideal for developers and investors looking to make their mark - Lot size: 3.26 acres, combined/oversized parcel with frontage on multiple roads - Frontage: ±300' (ft.) of frontage on RT-25/Main Street and ±260' (ft.) of frontage on Pepper Street - Traffic: 19,400+/- AADT (average annual daily traffic) on RT25 — strong visibility and exposure - Zoning: Flexible B1, supporting mixed-use, retail, or other high-impact redevelopment - Surrounding area: Established retail, dining, and daily-traffic destinations nearby

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 41476276

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 28 Pepper St, Monroe, CT 06468

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