DEVELOPMENT OPPORTUNITY

514 WESTCHESTER ROAD

Colchester, CT 06415


This redevelopment opportunity is a 2.09 acre parcel of land with a historic 1840’s Federal Colonial style home consisting of approximately 3,700 sf on 1.4 acres and occupied by Westchester Family Practice, a medical office and another tenant.  Situated in the Westchester District Zone there are many Special Permit Uses such as Gas Station, Office, Restaurants, Service Retail and mixed uses (retail, office, residential).  Tremendous visibility on the high side of the signalized 4-way intersection with solid average daily traffic count.  Previously, a 7,000 sf medical/office site plan was approved for the .69 acre separate parcel.  The parcel, with a perimeter consisting of 3 roads, will make for excellent ingress to and egress from the site.

PROPERTY HIGHLIGHTS:

Acerage:

2.09

Sale Price:

$499,900 

Space Type:

Medical/Office; Retail


Amenities

  • Level topography minimizes site work
  • ADT 8,500 cars (February 2012)
  • 3,700 sf Federal Colonial Medical/Office Building
  • Rental Income potential during permitting process
  • Signalized four corners at intersection of Rt. 16 and Rt. 149
  • Separate building lot .69 acres, potential development