3 Main St - Day Care Center FOR SALE


Newtown, CT 06470
$1,299,000 USD
203-524-8635
3 Main St, Newtown, CT for Sale
$1,299,000 USD
Day Care Center - FOR SALE
1/7
null | Request Cap Rate

3 Main St
Newtown, CT 06470


HIGHLIGHTS

  • Central Newtown Location
  • Flexible zoning
  • Priced to sell

OVERVIEW

Rare Redevelopment Opportunity — 18,528 SF Former Municipal Building in the Heart of Newtown, CT A rare chance to acquire a prominent ±18,528 SF municipal building on approximately 1.2 acres in one of Fairfield County's most sought-after communities. Served by municipal water and sewer and offering flexible zoning, the property supports a wide range of commercial, institutional, mixed-use, and residential conversion possibilities (subject to approvals). The two-story building includes approximately 56 existing parking spaces and sits on a highly visible Main Street site — offering the scale, location, and flexibility developers, investors, and owner-users look for in a value-add asset. The property requires substantial renovation, presenting an excellent opportunity to reposition a well-located building in the center of town. Newtown's Main Street location delivers outstanding visibility, easy access to Route 25 and I-84, and close proximity to the town's retail, dining, and municipal amenities — making this a compelling opportunity to shape a landmark property's next chapter.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Newtown Municipal Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

B 1/2

APN/PARCEL ID

NEWT-000029-000006-000026

ASK ABOUT THIS PROPERTY

Chris CosioAdvantage Realty, Inc.More Info
203-524-8635

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Chris CosioAdvantage Realty, Inc.More Info
203-524-8635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.