719 Cedar Street, Newington, Connecticut

$2,499,000

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8.04

Acres

About 719 Cedar Street

Opportunity of a Lifetime: Prime T.O.D. Zone Awaits Savvy Developer An extraordinary prospect awaits developers seeking a golden opportunity in the bustling area. Located just across the street from an approved new hotel and adjacent to an upcoming 200-unit apartment complex, this land offers immense potential. Positioned alongside the Ct Fasttrak BUSWAY and CT Fasttrak MultiUse trail conveniently situated between two bus stops, this site presents an unparalleled advantage. Moreover, its natural suitability for use by Central CT State University (CCSU), which has recently expanded its campus, adds to its appeal. Additionally, it may play a crucial role in facilitating access to the state-owned 100-acre site just east of the busway. Exciting prospects are also on the horizon, with plans for a new railway station half a mile east on Cedar St. in the works. Envisioned as a mixed-use development featuring shopping, restaurants, and condos, this upcoming station further enhances the possibilities. Moreover, the property enjoys excellent connectivity, as it is located adjacent to the Newington Exit of Northbound Route 9, with both I-84 and I-91 just minutes away by car. Don't miss the chance to explore this remarkable parcel; walk its grounds and begin envisioning your plans. After years of being held by its family owners, this highly sought-after land is finally available for acquisition.

Features of 719 Cedar Street

MLS® # 170581565
Price $2,499,000
Square Footage Public Records
Acres 8.04
Year Built 1940
Type Commercial For Sale
Status Active

Community Information

Address 719 Cedar Street
Area N/A
City Newington
County Hartford
State Connecticut
Zip Code 06111

Amenities

Utilities Electric Available, Cable Available
Is Waterfront No
Has Pool No

Interior

Heating No Heat
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Dry, Level Lot
Roof Asphalt Shingle
Foundation None

Additional Information

Date Listed July 26th, 2023
Days on Market 659
Zoning TOD, I
RE / Bank Owned No

Listing Details

OfficeWilliam Raveis Real Estate

Listing Map

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