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33 N River St - Enfield Station Apts- a Develop. Opportunity 3.24 Acres of Commercial Land Offered at $3,000,000 in Enfield, CT 06082

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EXECUTIVE SUMMARY

Zone MF, estimated 150-250 units, Town Designated A-1 Development Prioirty Site. Substantial financial incentives available. Seller will consider sale contingent upon buyer obtaining approvals.

PROPERTY FACTS Under Contract

Price $3,000,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 3.42 AC
Zoning TOD - TOD MULTI-FAMILY

1 LOT AVAILABLE

Lot

Price $3,000,000
Price Per AC $925,925.93
Lot Size 3.24 AC

Riverfront property zoned Transit Oriented Development targeted for multi-family development. Rectangular parcel approx. 811' X 175' (AVG Depth), gently sloping topography. Scenice Riverfront with western views.

DESCRIPTION

Sceinc & Tranquil Connecticut River Views from this 3.24 acre multi-family development site located on the eastern bank of the CT River adjacent to the recently approved Enfield Rail Station. Transit Oriented Development district with substantial finanical incentives for MF development. Estimated 150 to 250 units in 1 to 3, four-story buildings. Public Transportation via new train station at the doorstep. One stop to Springfield MA (EST 5 minutes) and two stops to downtownHartford (EST 15 minutes). Public Utilities avaiable at site. Town designated development priority site for MF housing. Adjacent to 472 Unit Bigelow Commons Apartments with 98% reported historical occupancy. Rare opportuinty with supportive town and substantial financial incentives available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007 0003
Land Assessment
$41,800
Improvements Assessment
$0
Total Assessment
$41,800
  • Listing ID: 28968989

  • Date on Market: 7/11/2023

  • Last Updated:

  • Address: 33 N River St, Enfield, CT 06082

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