$999,000

263 & 271 S Main St Newtown, CT 06470

Estimated payment $5,785/month

2.06 Acres
$484,951 Price per Acre
89,734 Sq Ft Lot

Highlights

  • 2.06 Acre Lot
  • Middle Gate Elementary School Rated A-
  • Home fronts a stream

About This Lot

An exceptional commercial opportunity awaits with two adjacent parcels totaling 2.06 acres, ideally positioned along South Main Street Route 25 in a highly visible, high traffic corridor. Offered together as a single package, 271 South Main Street encompasses 1.18 acres and 263 South Main Street adds an additional 0.88 acres, creating a versatile footprint with outstanding exposure to approximately 16,000 vehicles per day. Formerly home to a well known local restaurant, the property is now vacant land ready for a fresh vision and future development. The setting is surrounded by established retail, dining, and convenient highway access, making it a prime location for a wide range of commercial uses. Existing well and septic systems are in place, adding value and flexibility for redevelopment. Permitted uses include retail, office, printing and publishing, wholesale, warehouse, light industrial, and veterinary hospital, while special exception uses with approval include restaurant, quick service restaurant, drive thru, hotel or motel, shopping center, bank, and private school. Additional potential exists for uses such as a gas station, Restaurant, or car wash, subject to zoning changes and town approvals. With its strong visibility, flexible zoning, and strategic location, this property presents a compelling investment opportunity for developers, business owners, or investors seeking long term value. The property is being sold as is and offers endless potentia!

Listing Agent

Daniel Leyden

KW Legacy Partners Brokerage Phone: (603) 978-5844 License #REB.0792901 Listed on: 01/28/2026

KW Legacy Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,163

Lot Details

  • 2.06 Acre Lot
  • Home fronts a stream
  • Property fronts a state road
  • 2 Lots in the community
  • Property is zoned M-1

Schools

  • Middle Gate Elementary School
  • Newtown Middle School
  • Reed Middle School
  • Newtown High School

Utilities

  • Gas Available
  • Private Company Owned Well
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 207738

Property Details

Property Type

Land

Est. Annual Taxes

$7,163

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Lots and Land For Sale
  • Property Sub Type: Residential Land
  • Direct Waterfront: Yes
  • Directions: Button Shop Road to Main St.
  • Street Type: Street
  • Office Attribution Contact: (860) 313-0700
  • Reserve Prospect: No
  • Special Features: None

Exterior Features

  • Waterfront Description: Brook
  • Road Frontage Description: State Road, Municipal Street

Utilities

  • Water Source: Private Well
  • Sewer: Septic
  • Utilities Available: Cable Available, Electric Available, Gas Available, Phone Available
  • Septic Approval: Yes
  • Septic Plan Available: Yes

Schools

  • Intermediate School: Reed

Lot Info

  • Acres: 2.06
  • Lot Description: Corner Lot Lightly Wooded Level Lot
  • Lot Improvements: None
  • Lots Number Of: 2
  • Zoning: M-1
  • Parcel #: 207738

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 7163

MLS Schools

  • Elementary School: Middle Gate
  • Middle Jr High School: Newtown
  • High School: Newtown

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2026 01/28/26 For Sale $999,000 -- --
Source: SmartMLS

Source: SmartMLS

MLS Number: 24150429

SmartMLS