Property Description

Exceptional opportunity to own approximately 55 acres of C2 commercially zoned land in the Town of Newstead! Offered at $1,250,000, this expansive property features two separate entrances with approximately 400 feet of combined frontage along Main Road and an impressive depth of approximately 3,834 feet. The property includes approximately 15 acres of farmland/pasture and 40 acres of mixed hardwood and softwood forest, offering tremendous versatility for commercial, agricultural, recreational, or investment purposes. An existing natural gas well provides free gas and potential royalty income. Public water and electric are available; septic/sanitation system required. Ideally suited for commercial farming, an equestrian facility, or a variety of business ventures, this property offers an extensive range of potential uses under C2 zoning. Permitted uses may include self-storage facilities, warehouse and distribution operations, shopping plazas, restaurants, hotels, gas stations, automotive service and sales, professional and medical offices, mixed-use development, and multifamily housing. Additional possibilities include nurseries, greenhouses, animal hospitals, kennels, recreational facilities, golf courses, driving ranges, auction barns, building supply businesses, and contractor operations. Other potential uses include nursing facilities, schools, studios, theaters, car washes, banks, and personal service businesses. Whether you're looking to establish a commercial enterprise, expand an existing operation, develop an income-producing property, or invest in a substantial parcel of land, this unique offering provides exceptional flexibility and opportunity. A rare combination of acreage, road frontage, natural resources, and commercial zoning! All proposed uses and development plans are subject to municipal approval and applicable regulations.

Property Features

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