4 months on rocket

271 S Main St, Newtown, CT, 06470

$1,399,000

2.06 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeBusiness
Year Built1850
HeatingBaseboard
CoolingNone
MLS #24036412
Lot Size2.06 Acres
StatusActive

About 271 S Main St

TWO adjacent commercial lots totaling 2.06 acres located in a high-traffic area on South Main Street (Route 25) are being sold together as a package deal. The lot at 271 S Main St (parcel ID 361310) is 1.18 acres, and the lot at 263 S Main St (parcel ID 36139) is 0.88 acres. Lot 271 previously housed the "King's Breakfast & Lunch" restaurant, which is now vacant land. While lot 263 contains a 665 Square foot single structure. The location benefits from an approximate daily traffic count of 16,000 cars and is close to shopping centers, restaurants, and highways. Well and septic tanks are in place. Permitted Uses consist of: Retail use, Office building,Printing/publishing establishment, Wholesale business, Warehouse, Light industrial use and/or a Veterinary hospital. Special Exception Uses (require commission approval) consist of: Hotel/motel, Shopping center, Private school, Brewpubs and distilleries. There is potential for a gas station and convenience store, subject to town approval and zoning changes. YOUR INVESTMENT AWAITS! The property is sold as-is.

Property Details

Property Features

Property Information:

  • Year Built: 1850

Listing Office:

  • Office Name: Regency Real Estate, LLC
  • Office Phone: (860) 945-9868
  • Listing Agent: Islam Ahmad

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 2.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: GPS friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000

Tax Information:

  • Annual Amount: $6,134
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newtown, CT.

Med. Sold Price

$650K

Med. Price/SqFt

$254

# of Sold Homes

13

271 S Main St vs Newtown

138 DAYS ON ROCKET

$1,399,000

+$749K More

KEY TAKEAWAY

This property is $749K more than the Median Sold Price in Newtown, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24036412

Listing Office:

  • Office Name: Regency Real Estate, LLC
  • Office Phone: (860) 945-9868
  • Listing Agent: Islam Ahmad

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,134$177,040
2020$6,154$177,040
2019$6,156$177,040
2018$6,062$177,040
2017$5,539$163,550

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-793962
7
/10
  • Middle Gate Elementary School

  • 7 Cold Spring Rd

  • 0.25 miles

  • Public District Grades KG-4

school-card-donut-793963
9
/10
  • Head O'Meadow Elementary School

  • 94 Boggs Hill Rd

  • 2.51 miles

  • Public District Grades KG-4

school-card-donut-793964
8
/10
  • Fawn Hollow Elementary School

  • 375 Fan Hill Rd

  • 2.65 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,917. The most common annual income of people living in Newtown, CT is between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 271 S Main St

What is the listing price of this property?

The listing price of 271 S Main St property is $1,399,000.

What type of property is this?

The property 271 S Main St is land located in Newtown, Connecticut, 06470.

Is this property for sale now?

Active Listing: 271 S Main St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,134 (source: MLS/based on county public records data).

How much acreage is this property?

The property 271 S Main St is 2.06 acres.
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Rocket HomesConnecticutFairfield CountyNewtown06470271 S Main St

This home is located at 271 S Main St in Newtown, CT and zip code 06470. This home, which was built in 1850, sits on a 2.06 acre lot. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $1,399,000.

In November 2024, from all listings sold in Newtown, CT there were more than 2 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Newtown, CT decreased by 14.9% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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