Excellent opportunity to renovate, reposition, or redevelop a unique property located at 329 Kent Road (Route 7) in New Milford, Connecticut. Situated on approximately 4.05 acres in the B-1 Zone, the property offers substantial frontage and visibility along one of New Milford’s primary commercial corridors. The property is improved with a former inn and restaurant totaling approximately 11,019 SF, along with three additional multifamily structures totaling approximately 3,752 SF. The existing improvements provide an opportunity for an investor or developer to renovate and reactivate the property or explore a larger redevelopment concept. Multiple feasibility studies have been completed for a potential residential apartment redevelopment, providing an attractive starting point for investors and developers evaluating alternative uses for the site.
A rare opportunity to acquire a sizeable Route 7 property with existing improvements and multiple potential paths for future development