263 & 271 S Main St Newtown, CT 06470
Estimated payment $5,785/month
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
KW Legacy Partners Brokerage Phone: (603) 978-5844 License #REB.0792901 Listed on: 01/28/2026
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | For Sale | $999,000 | -- | -- |
Source: SmartMLS
MLS Number: 24150429
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