29 Main Street $1,490,000

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    29 Main Street Newtown, CT 06470

    • 10,742 sq. ft.
    • 1.21 Acres
    • Commercial
    • MLS# 170363414
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    Views: 33 Days On Site: 333

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    Property Details

    Description Tours

    The potential business opportunities available with this property, are amazing. Are you looking to work from home, get out of the congested city, or want to run your own businesses? Located by the 130-year-old grand Newtown flagpole & built on the site of the old Yankee Drover Inn, this magnificent 2006 built inn has 7 bedrooms and suites designed as a Bed and Breakfast.This industry is the quickest growing travel company since last winter. Businesses that can also be run on this site are any that serve an inn.These include restaurant, bar, events, retail including a spa, florist, gift shop, limo/travel provider, bakery & more. Also, recent town regulations allow the potential for residential apartments to be added to this property. An additional 4000 sq ft can be added to available sq ft. This building features New England elegance with 3 fireplaces, a sweeping staircase, 10-foot+ ceilings, spacious rooms, a chef's kitchen w/granite countertops, a center island, top of the line appliances & more. Unfinished high ceiling lower level could host a viewing room, gym, game room, wine cellar & storage. This uniquely built house has high-quality construction coupled with old-world charm and modern amenities. Boasting elegant formal & informal living areas, impeccably furnished. French doors open to the large tiered patios surrounded by rose and perennial gardens and an expansive private lawn area. Surroundings provide a perfect backdrop for event entertaining.SFH listing 170321592.

    • General Features
      • Zoning R-1
      • Year Built 2004
      • Neighborhood Newtown Borough
      • Sq Ft Total 10,742
      • Acres 1.21
      • Bank Owned Property Y/N 0
      • Property Tax $24,943
      • County Or Parish Fairfield
    • Building Features
      • Construction Description Frame
      • Cooling System Central Air, Zoned
      • Ceiling Height 10.00
      • Exterior Features Gutters, Pole Sign
      • Heat Fuel Type Natural Gas
      • Heat Type Hot Air, Zoned
      • Interior Features Living Space Available
    • Property Features
      • Parking Spaces Uncovered 25
      • Water Source Public Water Connected
      • Utilities Available Electric,Gas,Phone Available,Cable
      • Parking Total Spaces 25
      • Sewage System Public Sewer Connected
      • Road Frontage Description State Road, Paved Road
      • Flood Zone Y/N 0
      • Garage Parking Info Attached Garage, Unpaved
      • Lot Description Zero Lot Line, Dry, Corner Lot, Level Lot

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    Neighborhood

    06470 (Newtown) Demographics

    46 Median Age
    438 Population Density (per sq. mile)
    58% College Educated
    $124,909 Estimated Median Income
    5,087 Estimated Total Home Owners
    822 Estimated Total Renters
    86% / 14% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    16,571 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $476,250 Median Sales Price
    28 Homes Sold
    12 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,490,000
        1/8/2021 1:04:00 PM New in Database Source: Multiple Listing Service New Value: $1,490,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.