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312 LEBANON AVE

Colchester, CT

$2,949,000

PRICE REDUCTION

Property Type

Land

Property Sub Type: 

Commercial

Proposed Use

Commercial, Retail, Mixed Use, Multifamily, Apartment Units, Industrial Live or Work Unit, Planned Unit Development

Sale Type

Investment or Owner User

Total Lot Size

16.17AC

Sale Conditions

Built to Suit

No. Lots

1

Zoning Descriptions

R-40

APN/Parcel ID:

1877

Settlers Green - Sustainable Mixed Use Development. Proposed development offering a blend of 43 townhouse units as well as 20 live/work units geared to accommodate the mobile needs of a growing population of independently employed workforce. Development project with town approval ready to enter the permitting process. Southeastern Connecticut's first mixed use sustainable community. Futuristic, new economy project to be built implementing the principles of green buildings, energy/resource efficiency and environmental conservation. Designed to reduce the longer term environmental impact of conventional development exemplified through the potential use of pervious roadway surfaces as well as solar gardens in efforts to offset the cost of common area utilities. Located within the town of Colchester, CT, a well established, highly rated town that features a significant amount of small business activity with a growing need for housing.

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