$1,900,000 Price Analysis 26 W Main StAvon, CT 06001 Unknown bed None bath unknown SqFt ($0/SqFt) 1.67 acre lot. Listed 2024-03-27 | Ⓧ USDA Ineligible due to property near Avon |
An existing restaurant and mixed-use redevelopment opportunity at 26 West Main Street in Avon, Connecticut. Located in the heart of Avon, the property mesures 1.7 acres on Route 44 east of the town center. Concept plans include approximately 60 multi-family units and some retail space in this Commercial - Specialized zone. The town recognizes the pa rcel as especially suited for this use and indicates a 10 percent affordable housing component may be sufficient for approval.
The existing restaurant is a viable enterprise itself, although highest and best use is captured in the concept plans. Additional land and up to 24 additional multi-family units possible. Rare chance to develop within a stone's throw of Whole Foods Market and Avon Village Center. Sellers are willing to consider a ground lease option.
Presented by Gregory Walwer at
Academic Co-Realty Services.
Property MLS #24006287 from SMARTMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.