342 Bantam RoadLitchfield, CT 06759MLS Number 170537878

  • Price: $3,000,000
  • 75 Days on Market
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Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
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  • 6.87Acreage
  • 1959Year Built
  • 4,400Square Feet

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DEVELOPERS, INVESTORS, RESTAURANT GROUPS, HERE'S YOUR CHANCE TO BUILD, EXPAND, GROW!!! **6.87 +/- acres of prime commercial land and prime location in Litchfield!!! Over 800+ feet of frontage along Route 202 and Milton road!!! *Approx. 5 buildable acres!!! *C-202 Route 202 Commerce District Commercial Zone - Land could be developed to maximize investment with potential for 100-150+ efficiency apartments! Close proximity to shopping, grocery stores, and both public and private schools! Less than 1 mile to Litchfield Town Green, 4 mins to White Memorial Nature Conservation Center and 8 mins to Topsmead State Forrest with miles of hiking, walking, and bike paths! Mohawk Ski Resort is a short drive away! Golf courses and wineries in the area as well! Other development options: a boutique hotel, retail space, or a combination!!! Many other uses as well! *Well known, established restaurant business with parking lot!!! Building was completely renovated in 2017 with expanded kitchen, bar, and seating areas *Two access points: 1) Route 202 into restaurant parking lot; 2) back corner of property from Milton rd. onto the 5 buildable acres.
Listed by Jared Tedesco of Litchfield County Real Estate

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More Info

Basic Information

  • Broker NameLitchfield County Real Estate
  • List Price$3,000,000
  • MLS Number170537878
  • Property TypeCommercial For Sale
  • StatusACT
  • TownLitchfield
  • Gross annual income$1,800,000
  • Commercial catagoryIndustrial, Investment, Residential Income, Retail, Other
  • Also for leaseNo
  • MLS StatusActive

Interior

  • Handicap FeaturesHandicap Parking

Utilities

  • Heat SystemHeat Pump
  • Heating FuelBottle Gas, Propane, Wood
  • Utilities availableElectric, Telephone, Cable, Fire Suppression System
  • Water sourcePublic Water Connected, Public Water In Street
  • Cooling SystemCentral Air, Heat Pump
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected, Public Sewer In Street
  • Electric Num of Services4

Tax Information

  • Assessed value$516,790
  • Taxes$13,850
  • Tax YearJuly 2022-June 2023
  • Milrate base26
  • Milrate total26.8

Building

  • FoundationConcrete, Slab
  • RoofAsphalt Shingle
  • Year Built1959
  • Building ConstructionFrame
  • AtticNo
  • Garage Spaces
  • FlooringConcrete
  • Garage Parking InfoDetached Garage, Parking Lot
  • Square Feet4,400
  • Stories1
  • Additional space availableNo

Amenities

  • Other AmenitiesGolf

Auction

  • Bank owned propertyNo

Basic Information

  • Agent ID846239

Location

  • CountyLitchfield
  • LocationSuburban
  • StateCT
  • Zip06759

Property

  • Acreage6.87
  • Lot DescriptionSome Wetlands, Level Lot
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedYes
  • Road Frontage800
  • Road Frontage DescriptionU.S. Highway, State Road
  • SwimmingpoolNo

Other

  • Documents Available
    • Environment Site Assess. (Phase 1)
    • Environmental Site Assess.
    • Environmental Site Assess. (Phase 2)
    • Plot Plan/Survey
    • Soil Survey
    • Topographical Survey
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Space is leasedNo
  • Present useRestaurant/Commercial Land
  • Potential useResidential Apts/Hotel/Comm.
  • View Count6
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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