140 Waterford Parkway S

    Waterford, CT 06385
    • $6,750,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 170249218
    UPDATED: 48 min ago
    $6,750,000
    • 0
      BEDS
    • 188.81
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Description

    A timely opportunity to create a development in the southeastern shore region of Connecticut which is currently experiencing a rapid growth of employees for Electric Boat. The former Waterford Airport property lot of 189 acres adjacent to I-95 is minutes from the EB facilities and an ideal site for a variety of uses currently allowed as well as additional uses that will be considered by the town of Waterford. The town is open to an integrated set of uses for development that is compatible and will consider proposals brought to the commissions. The airport property is in the IP-1 zone that has been, until recently, emphasizing development that is considered industrial-use oriented, however recent development of medical facilities and assisted living communities in the IP-1 zone are in close proximity to the subject property. Based on the well-documented need for residential multifamily and single family homes in the immediate area, this site could potentially be a mixed use development of multiple types of housing and complimentary amenities as preferred by the town. Additional uses are found in the attached IP-1 Zoning Regulations. Access to the property is directly from Waterford Parkway South which runs parallel to I-95. The land is flat on the site of the former airport which consisted in part of 46 acres of the 189 acreage. Water, gas and sewer available. An additional 4 lots/139 acres in the R-40 zone are also available.

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    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carbutti & Co Realtors. Data last updated: 2019-11-12T20:10:14.423.
    www.carbuttirealestate.com/homes/100480380

    140 Waterford Parkway S Waterford, CT 06385

    • Price: $6,750,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 170249218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    188.81
    Acres
    1930
    Built
    Neighborhood:
    N/A
    County:
    New London
    Area:
    Waterford
    Property Description
    A timely opportunity to create a development in the southeastern shore region of Connecticut which is currently experiencing a rapid growth of employees for Electric Boat. The former Waterford Airport property lot of 189 acres adjacent to I-95 is minutes from the EB facilities and an ideal site for a variety of uses currently allowed as well as additional uses that will be considered by the town of Waterford. The town is open to an integrated set of uses for development that is compatible and will consider proposals brought to the commissions. The airport property is in the IP-1 zone that has been, until recently, emphasizing development that is considered industrial-use oriented, however recent development of medical facilities and assisted living communities in the IP-1 zone are in close proximity to the subject property. Based on the well-documented need for residential multifamily and single family homes in the immediate area, this site could potentially be a mixed use development of multiple types of housing and complimentary amenities as preferred by the town. Additional uses are found in the attached IP-1 Zoning Regulations. Access to the property is directly from Waterford Parkway South which runs parallel to I-95. The land is flat on the site of the former airport which consisted in part of 46 acres of the 189 acreage. Water, gas and sewer available. An additional 4 lots/139 acres in the R-40 zone are also available.
    Exterior Features

    Construction Description Other Lot Description Additional Land Avail.Level LotSloping Lot Parking Total Spaces 0 Road Frontage Description Interstate HighwayState Road Roof Information Other

    Interior Features

    Cooling System None Heat Type No Heat

    Property Features

    Bank Owned Property Yn No Commercial Category InvestmentOther Documents Available BrochureDemographic Data Garage Parking Info None Heat Fuel Type Gas In Street Location Highway AccessOther Possession Availability Negotiable Potential Use Major Development Site Present Use Vacant Land Property Tax 27649 Sewage System Public Sewer In Street Sign Yn Yes Utilities Available Electric AvailableGas AvailableCable Available Water Source Public Water In Street Zoning Ip-1

    Listing information © 2019 Smart MLS
    Listing provided courtesy of Penny Parker of Lyman Real Estate.


    © 2019 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carbutti & Co Realtors. Data last updated: 2019-11-12T20:10:14.423.
     
    Carbutti & Co Realtors
    72 South Main Street
    Wallingford CT, 06492