Former sand & gravel operation offering exceptional potential for redevelopment as a mixed-use project. Strategically located adjacent to the Big Y / Walmart Plaza, this 14.72-acre parcel includes approximately 6.5+ usable acres. Positioned within a Planned Commercial (PC) Zone, the property supports a wide range of development possibilities. With 625 feet of road frontage, visibility and access are strong, making it ideal for commercial or mixed-use applications. An existing 1,488 SF abandoned structure is located on-site. The property currently has well and septic, with public water and sewer available in the street. Natural gas access is nearby on Route 82 (Salem Turnpike). Convenient access to I-395 via Route 82 enhances regional connectivity. Additional Income / Opportunity: Approximately 3,600 SF of the property is under lease for the construction of a communication facility, offering potential future income. Lease details are available upon request. Permitted Uses Include: Office, Retail, Hotel, Fitness/Gym, Financial Institutions, Mixed-Use (Commercial/Residential), Assembly Hall, Boat Sales, Cafe/Restaurant, Club, Cultural Facilities, Customer Service, Entertainment, Government, Solar, Utility, and more. By Special Permit: Laboratory, Mixed-Use Parking Facilities (Accessory), Parking Garage, Technology Uses, and additional commercial applications. This is a rare opportunity for investors and developers to capitalize on a highly visible location with flexible zoning,
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DAYS ON MARKET
|
1
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LAST UPDATED
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4/7/2026
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|
YEAR BUILT
|
1963
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COUNTY
|
New London
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STATUS
|
Active
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PROPERTY TYPE(S)
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Commercial
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| AIR |
None |
| CONSTRUCTION |
Other |
| HEAT |
None |
| LOT |
9 acre(s) |
| LOT DESCRIPTION |
Cleared |
| SEWER |
Cesspool |
| TAXES |
9232 |
| WATER |
Well |
| ZONING |
PC |
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Listing courtesy of William Raveis Real Estate
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