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

Day Care Center, 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.