Address
29 Main Street Newtown, CT
Price
$ 1,490,000
Property Attributes
  • MLS#170363414
  • TypeCommercial
  • CountyFAIRFIELD
  • CityNewtown
  • Zip06470
  • StyleCommercial For Sale
  • Year Built2004
  • Taxes$ 24943
  • Price$ 1,490,000
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage10742
  • Lot Size1.21 Acres
Listing Provided Courtesy Of:
Deborah A Laemmerhirt with Keller Williams Realty
Data Source:
Smart MLS - 162 - CT
Property Description

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.

Price History
1/8/2021 Listed $1,550,000
5/3/2021 4% - $1,490,000

General Features

Acres 1.2100
Ceiling Height 10.00
Commercial Catagory Investment, Residential Income, Retail
Flooring Wood
Location Downtown, Historic Area
Neighborhood Newtown Borough
Present Use Hotel, Inn, Events
Property Type Commercial For Sale
Status Active
Tax Year July 2021-June 2022
Utilities Available Electric, Gas, Phone Available, Cable
Virtual Tour https://my.matterport.com/show/?m=SBWNm3iuVtf
Virtual Tour Yn Yes
Year Built 2004
Zoning R-1

Interior Features

Cooling System Central Air, Zoned
Heat Fuel Type Natural Gas
Heat Type Hot Air, Zoned
Interior Features Living Space Available
Restrooms Number Of 8
Sq Ft Source Public Records
Sq Ft Total 10742
Unit Count 3

Exterior Features

Exterior Features Awnings, Gutters, Lighting, Pole Sign
Foundation Concrete
Garage Parking Info Attached Garage, Unpaved
Lot Description Zero Lot Line, Dry, Corner Lot, Level Lot
Overhead Doors Number Of 3
Parking Spaces Uncovered 25
Parking Total Spaces 25
Potential Use Retail, Restaurants, Bar, Spa
Road Frontage Description State Road, Paved Road
Roof Information Fiberglass Shingle
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 06470

Price
AVG $460K
$1.49M
Taxes
AVG $24,172
$24,943
Visits
AVG 76
126
Year Built
AVG 1972
2004
Walkscore
AVG 36
54
Data Provided by Walkscore ® not using MLS data

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