29 Main Street Street, Newtown BoroughNewtown, CT 06470MLS Number 170363414

  • Price: $1,490,000
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
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  • 1.21Acreage
  • 2004Year Built
  • 10,742Square Feet

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The potential business opportunities available with this property, are amazing. Are you looking to work from home, get out of the congested city, or want to run your own businesses? Located by the 130-year-old grand Newtown flagpole & built on the site of the old Yankee Drover Inn, this magnificent 2006 built inn has 7 bedrooms and suites designed as a Bed and Breakfast.This industry is the quickest growing travel company since last winter. Businesses that can also be run on this site are any that serve an inn.These include restaurant, bar, events, retail including a spa, florist, gift shop, limo/travel provider, bakery & more. Also, recent town regulations allow the potential for residential apartments to be added to this property. An additional 4000 sq ft can be added to available sq ft. This building features New England elegance with 3 fireplaces, a sweeping staircase, 10-foot+ ceilings, spacious rooms, a chef's kitchen w/granite countertops, a center island, top of the line appliances & more. Unfinished high ceiling lower level could host a viewing room, gym, game room, wine cellar & storage. This uniquely built house has high-quality construction coupled with old-world charm and modern amenities. Boasting elegant formal & informal living areas, impeccably furnished. French doors open to the large tiered patios surrounded by rose and perennial gardens and an expansive private lawn area. Surroundings provide a perfect backdrop for event entertaining.SFH listing 170321592.
Listed by Deborah A Laemmerhirt and Ligaya Wakefield of Keller Williams Realty

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More Info

Basic Information

  • Broker NameKeller Williams Realty
  • List Price$1,490,000
  • MLS Number170363414
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNewtown
  • Virtual TourView Tour
  • Commercial catagoryInvestment, Residential Income, Retail
  • ColistofficenameKeller Williams Prestige Prop.
  • Also for leaseNo
  • MLS StatusActive

Interior

  • Interior featuresLiving Space Available

Exterior

  • Exterior featuresAwnings, Gutters, Lighting, Pole Sign

Utilities

  • Heat SystemHot Air, Zoned
  • Heating FuelNatural Gas
  • Utilities availableElectric, Gas, Phone Available, Cable
  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air, Zoned
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$719,870
  • Taxes$24,943
  • Tax YearJuly 2021-June 2022
  • Milrate base34
  • Milrate total34.65

Building

  • FoundationConcrete
  • RoofFiberglass Shingle
  • Year Built2004
  • Building ConstructionFrame
  • AtticNo
  • Garage Spaces
  • FlooringWood
  • Ceiling height10
  • Overhead doors3
  • Garage Parking InfoAttached Garage, Unpaved
  • Square Feet10,742
  • Restrooms number of8
  • Stories3
  • Additional space availableYes

Other

  • Documents AvailableZoning Approval
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Space is leasedNo
  • Present useHotel, Inn, Events
  • Potential useRetail, Restaurants, Bar, Spa
  • View Count28

Basic Information

  • Agent ID7460,13240

Location

  • CountyFairfield
  • LocationDowntown, Historic Area
  • NeighborhoodNewtown Borough
  • StateCT
  • Zip06470

Property

  • Acreage1.21
  • Lot DescriptionZero Lot Line, Dry, Corner Lot, Level Lot
  • Parking Spaces25
  • Parking spaces covered
  • Parking spaces uncovered25
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage DescriptionState Road, Paved Road
  • SwimmingpoolNo

Amenities

  • Other AmenitiesFireplace, Garden

Auction

  • Bank owned propertyNo
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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