Apartment Development Property - Woodbury 1080 Main St S

1080 Main St. South, Woodbury, CT –Existing 5A+ income property Investment/Development Opportunity for sale, fully approved for 8 additional Town House style units in a new building and new garages, located in the Garden Apartment District Zone ready for construction build out with approved plans in addition to the existing apartment/office building.
The property’s existing Cape style 4300sf apartment/office building, has two 2BR apartments with adjoining office space, approved for conversion into two 3BR apartments by utilizing the adjoining office spaces. There is also separate access to a large 2nd floor finished area above. The property has an existing driveway directly off RT 6 leading to a large flat parking/building area. The western lower portion of the property is a beautiful verdant wooded area adjacent to the Pomperaug River.
The property at 1080 Main Street South (RT 6) is located on the west side of RT6 and bordered by Terrace Apartments to the north and Woodbury Place Condominiums to the south in lovely quaint Woodbury, CT. The site is just north of the Southbury town line minutes to I-84 exit 15. A convenient location only minutes from center Woodbury and Southbury, with easy access to Danbury (15 mi.), NY Metro area (70 mi.) Hartford (30 mi.), Boston (125 mi.).
The approvals are for construction of a new two-story wood framed apartment building consisting of eight 1300sf+ 2BR Townhouse Style units along with 8 new one car garages, driveways, parking areas, utilities, on-site septic systems, and storm drainage improvements and landscaping plans, and existing building conversions. Gas utilities are already on site to the existing building, with available public water in Rt 6 directly in front of the existing driveway. Note, the new 8 Unit Town House building sizing and layout, was designed and approved for modular construction, but could also be site built.
Property now for Sale at the price of $995,000 reduced from $1,149,000. Do not miss the opportunity to purchase and develop this one-of-a-kind high value asset development and investment property in Western CT. See attached approved plans for property and project details. For additional information and a tour of the property, Contact George F. Walker, Advantage Realty Commercial – 203-733-0692