About this home

20 minutes from UCONN! Rare value-add and redevelopment opportunity situated on 3.5 acres with over 3,200 square feet of existing space. Currently configured as a mixed-use commercial property, this expansive parcel offers strong potential for multifamily conversion, redevelopment, expansion, mixed-use investment, income-producing use, or possible additional building opportunities, subject to buyer due diligence and local approvals. Ideal opportunity for investors, developers, contractors, or those seeking a long-term development play with substantial upside potential. Conveniently located with ample possibilities for repositioning and future use. Property to be sold strictly as-is. Buyer to perform all due diligence regarding zoning, approvals, permitted uses, subdivision potential, and development possibilities. AGENT/OWNER Positioned to benefit from Connecticut's evolving pro-housing and multifamily development initiatives, this property presents exceptional long-term redevelopment and value-add potential. Recent statewide zoning and housing reform efforts aimed at encouraging middle housing, multifamily growth, mixed-use redevelopment, and higher-density residential opportunities may create significant upside for investors and developers. Buyer to perform all due diligence regarding zoning, permitted uses, subdivision potential, multifamily conversion, and future development opportunities.

Facts and features

Schools

• Ashford School

  elementary · K-8 · 3.2 mi

  5

• E. O. Smith High School

  high · 9-12 · 9.5 mi

  8

• Kidderbrook Montessori School

  elementary · K-4 · 1.6 mi

Price history

• Sep 18, 2026 · Listed$219,000
• Sep 3, 2026 · Listing Removed—
• Jul 1, 2026 · Price Changed$239,000
• May 27, 2026 · Listed$259,000

Home value

$237,000

• Collateral Analytics$237,000

Where it is