Riverfront Development Site For Sale

Vacant Land for Sale
Catylist Listing ID: 30294521
Property Subtypes: Multi-Family, Retail, Other
Gross Land Area: 0.21 Acres
Sale Price: $375,000
Unit Price: $1,785,714 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/10/2019

Overview / Comments

Pawcatuck River front development site. Three story, 9,488sf building on 0.21 acre in downtown Pawcatuck. Zone is for built-up areas with public water/sewer/gas, providing a mixture of commercial/residential urban density opportunities. Zone DB-5. 60’ Road frontage with 25,600 Daily average traffic count. Walk to Westerly, RI. For Sale $375,000.

PERMITTED USES: Office, Retail, Restaurant, Personal Services, Financial Institutions, Residential 1-3 units per lot…

DIRECTIONS: I-95 Exit 91. Continue on Route 234 (aka Pequot Trail). At stop sign, turn left onto W Broad St (aka Route 1). On right just before crossing over bridge into Westerly, RI.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Stonington
Tax ID/APN: 3-28-2
Zoning: DB-5
Property Located Between: In downtown Pawcatuck at Westerly, RI border
Property Visibility: Excellent
Largest Nearby Street: Route 2
Feet of Frontage: 60
Traffic/Vehicle Count: 25,600
Highway Access: I-95 3.1 miles
Airports: Westerly Airport 2.8 miles
Site Description: Level, direct waterfront on Pawcatuck River
Area Description: Downtown Pawcatuck, CT
Lot Frontage: 60
Zoning Description: DB-5 Development Area
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,826 28,030 42,564
Median Age: 40.63 43.13 44.43
Households: 4,573 11,943 17,952


© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.