600 Silver Ln - Commercial LAND FOR SALE


Stratford, CT 06614 87,120 SF
$1,490,000 USD
203-581-4442
600 Silver Ln, Stratford, CT for Sale
$1,490,000 USD
Commercial LAND - FOR SALE
1/9
87,120 SF

600 Silver Ln
Stratford, CT 06614


HIGHLIGHTS

  • safe investment
  • good return
  • easy site to develop

OVERVIEW

Calling all developers and investors, if you're looking for a nice safe investment in a mid-size project this is it! Previously marketed with just the 9 condos lots, seller is now willing to take offers on the entire development. The one existing finished house is not available. What you get are the rights to construct 9 brand new detached single-family condominiums. Each unit is 3 bedrooms, 2.5 baths and features vaulted ceilings, attached two car garage and a full basement. In addition, the 6-unit apartment building is now for sale as well. This building was the original church on the property. The building needs to be remodeled on the interior and some additional work to the exterior, but the bones are very solid, and conversion will be a very quick process compared to a new build. You can build and sell the condominiums, re-coup your capital and keep the 6-unit apartment building or build and keep the whole 15-unit project with great monthly cash flow. Come take advantage of this rare investment opportunity today.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/ACRE

$745,000/AC

PRICE/SF

$17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

2 AC

LAND SF

87,120 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

-

APN/PARCEL ID

1580000

ASK ABOUT THIS PROPERTY

Davis OwenDavis Owen Real EstateMore Info
203-581-4442

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Davis OwenDavis Owen Real EstateMore Info
203-581-4442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.