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$ 450,000
Est. payment /mo
Price Dropped by $49K
399 Wolcott Road Wolcott, CT 06716
2,382 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,382 sqft
Price per Sqft $188
MLS Listing ID 24127617
Year Built 1942
Annual Tax Amount $3,953
Lot Size 0.920 Acres
Property Description
High-visibility. High-traffic. High-potential. This legacy property presents a rare opportunity along one of the region's most heavily traveled corridors, with approximately 30,000-40,000 vehicles passing daily-offering immediate exposure and long-term value. A neighborhood landmark for more than 70 years, the property most recently operated as a private event space. Situated on nearly an acre, the site features a substantial two-story building with a finished basement, approximately 25 on-site parking spaces with room for expansion, and existing infrastructure that supports a wide range of potential uses. Features include central heat, a newer furnace (within six years), and ductwork in place for central air. The scale and layout allow flexibility for future adaptation whether for hospitality, entertainment, or mixed-use concepts. This highly visible location offers a compelling foundation for a variety of possibilities, including a restaurant & lounge concept, multi-level entertainment venue, or a mixed-use investment combining commercial and residential elements. The setting positions any future venture for strong recognition, accessibility, and sustained demand. Buyer to perform due diligence regarding proposed use & any potential conversion of the upper level back to a residential unit. Secure a prominent asset in a thriving corridor where visibility, versatility, and opportunity converge. Some owner financing available!
Location
State CT
County New Haven
Zoning GC
Interior
Interior Features Public Restrooms
Heating Hot Air
Cooling Wall Unit
Exterior
Exterior Feature Gutters, Pole Sign
Utilities Available Electric, Gas
Roof Type Asphalt Shingle
Building
Lot Description Treed, Level Lot, Sloping Lot, Cleared
Story 2
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Dawn Rousseau • Showcase Realty, Inc.