16 Stonington Road
Stonington, Connecticut

Description:

This property is one of the largest available parcels of land in the Mystic area at 7.23 acres in the C60 zone and with approximately 5.5 buildable acres! There is a large, former retail space on the property which is past its useful life. The current owner has gone through Phase 2 of clean up with only Phase 3 still needed in the $200-300K range. Land is on a level lot with approvals to fill in some areas. This property is located on the Stonington Road which is a highly traveled state road leading from Westerly through Stonington and into the highly desirable Mystic area. Potential conceptual plans are available. Property can become a strip center, an apartment or condo project, a retail area or an office building. The possibilities are many.

Listing Courtesy of Mott & Chace Sotheby's Intl Rt