29 Main Street

Newtown, CT
$ 1,490,000 Beds 0 Baths 8 Sq 10,742 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 1,490,000
  • Lot Size
  • 1.21 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 10,742
  • Full Bathrooms
  • 8
  • Year Built
  • 2004
  • Half Bathrooms
  • 0
  • City, Zip
  • Newtown
  • Taxes
  • $ 25023
  • County
  • FAIRFIELD
  • Style
  • Commercial For Sale
  • Area
  • MLS#
  • 170363414
  • Zip
  • 06470
Listing Provided by: Deborah A Laemmerhirt with Keller Williams Realty
Data Source: GFC CMLS and CTMLS (SmartMLS)

Features

General

Acres 1.2100
Ceiling Height 10.00
Commercial Catagory Investment, Residential Income, Retail
Flooring Wood
Location Downtown, Historic Area
Neighborhood Newtown Borough
Present Use Hotel, Inn, Events
Property Type Commercial For Sale
Status Active
Tax Year July 2020-June 2021
Utilities Available Electric, Gas, Phone Available, Cable
Virtual Tour https://my.matterport.com/show/?m=SBWNm3iuVtf
Virtual Tour Yn Yes
Year Built 2004
Zoning R-1

Interior Features

Cooling System Central Air, Zoned
Heat Fuel Type Natural Gas
Heat Type Hot Air, Zoned
Interior Features Living Space Available
Restrooms Number Of 8
Sq Ft Source Public Records
Sq Ft Total 10742
Unit Count 3

Exterior Features

Exterior Features Awnings, Gutters, Lighting, Pole Sign
Foundation Concrete
Garage Parking Info Attached Garage, Unpaved
Lot Description Zero Lot Line, Dry, Corner Lot, Level Lot
Overhead Doors Number Of 3
Parking Spaces Uncovered 25
Parking Total Spaces 25
Potential Use Retail, Restaurants, Bar, Spa
Road Frontage Description State Road, Paved Road
Roof Information Fiberglass Shingle
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Wolcott, CT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/8/2021 Listed $1,550,000
5/3/2021 4% - $1,490,000

Property vs Zip Code Average in 06470

Price
AVG $500K
$1.49M
Taxes
AVG $14,057
$25,023
Visits
AVG 64
60
Year Built
AVG 1966
2004
Walkscore
AVG 37
54
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

29 Main Street Newtown, CT is a Single Family Home for sale at $1490000 with 10742 sqft and a lot size of 1.21 Acres Acre(s). 29 Main Street Newtown has 0 bedrooms, 8 baths and was built in 2004. The property's zip code is 06470 which is in Newtown, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.