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38 Elm St - 38 Elm St 1.1 Acres of Commercial Land Offered at $683,835 CAD in Willimantic, CT 06226
Investment Highlights
- Established commercial corridor just off Main Street
- Versatile space adaptable to a variety of business uses
- Shared access enhances circulation and usability
- Easy access from multiple streets for customers and deliveries
- Strong traffic counts and consistent local activity
- Strong positioning for long-term investment or repositioning
Executive Summary
The property benefits from a recorded reciprocal easement providing full legal ingress and egress, including access for delivery and service vehicles. The site is not landlocked and is fully accessible, removing a major barrier that often limits similar parcels.
Positioned behind a property that sold for $1.9 million, this offering provides a significantly lower cost basis while still leveraging the same traffic patterns and established commercial presence. This is a proven location with existing consumer draw.
The parcel is part of a previously planned commercial layout, with access and overall site functionality already established. This reduces many of the early-stage hurdles typically associated with raw land and allows for a more efficient path to development.
Ideal for retail, medical, office, quick service, or service-based uses. Flexible layout supports a range of development options depending on buyer needs and approvals.
Buyer to perform all due diligence.
Opportunities like this are limited in this market.
Data Room Click Here to Access
Property Facts
1 Lot Available
Lot
| Price | $683,835 CAD | Lot Size | 1.10 AC |
| Price Per AC | $621,667.79 CAD |
| Price | $683,835 CAD |
| Price Per AC | $621,667.79 CAD |
| Lot Size | 1.10 AC |
Strategically positioned 1.1-acre commercial pad adjacent to national retail (Family Dollar) on Main Street corridor. Recorded ingress/egress, not landlocked. Truck accessible with proven traffic and flexible development potential. Priced to move.
Description
This ±1.1-acre commercial pad site offers a rare opportunity to secure a development-ready parcel directly adjacent to national retail (Family Dollar) in a high-visibility Main Street corridor in Willimantic. The property benefits from a recorded reciprocal easement providing full legal ingress and egress, including access for delivery and service vehicles. The site is not landlocked and is fully accessible, removing a major barrier that often limits similar parcels. Positioned behind a property that sold for $1.9 million, this offering provides a significantly lower cost basis while still leveraging the same traffic patterns and established commercial presence. This is a proven retail location with existing consumer draw. Ideal for retail, medical, office, quick service, or service-based users looking to enter the corridor without paying premium frontage pricing. The layout and access support a wide range of commercial uses and flexible site planning. Opportunities like this are limited in this market. This parcel allows an investor or developer to capitalize on an established location with reduced acquisition cost and strong upside potential.
Presented by
Seaflower Property Group, LLC
38 Elm St - 38 Elm St
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