263 & 271 South Main Street
Newtown, Connecticut 06470
- Beds
- 0
- Baths
- 0
- SqFt
- —
- Acres
- 2.06
- Property Type
- Land

Matt Caiola
Luxury Real Estate Advisor
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About This Home
An exceptional commercial opportunity awaits with two adjacent parcels totaling 2.06 acres, ideally positioned along South Main Street Route 25 in a highly visible, high traffic corridor. Offered together as a single package, 271 South Main Street encompasses 1.18 acres and 263 South Main Street adds an additional 0.88 acres, creating a versatile footprint with outstanding exposure to approximately 16,000 vehicles per day. Formerly home to a well known local restaurant, the property is now vacant land ready for a fresh vision and future development. The setting is surrounded by established retail, dining, and convenient highway access, making it a prime location for a wide range of commercial uses. Existing well and septic systems are in place, adding value and flexibility for redevelopment. Permitted uses include retail, office, printing and publishing, wholesale, warehouse, light industrial, and veterinary hospital, while special exception uses with approval include restaurant, quick service restaurant, drive thru, hotel or motel, shopping center, bank, and private school. Additional potential exists for uses such as a gas station, Restaurant, or car wash, subject to zoning changes and town approvals. With its strong visibility, flexible zoning, and strategic location, this property presents a compelling investment opportunity for developers, business owners, or investors seeking long term value. The property is being sold as is and offers endless potentia!
Key Facts
- City/Town
- Newtown
- Neighborhood
- N/A
- Property Type
- Land
- Days on Market
- 181 days
- Beds
- 0
- Baths
- 0 baths
- Lot Size
- 2.06 acres
- Property Taxes
- $7,163 / Annually
Market Snapshot
The Newtown Market
Land · trailing 12 months
Active Listings
7
6 under contract
Median List Price
$368,500
7 active listings
Median Closed Price
$300,000
5 sales
Median Days on Market
244
7 active listings
Median $ / Sq Ft
--
7 active listings
Sale-to-List Ratio
92.1%
5 sales
How this home compares
List Price
$999,000
vs $368,500 median
2.7× the median
Price / Sq Ft
--
Median unavailable
Limited comparable data
Days on Market
181 days
vs 244 days median
63 days fresher than median
Based on 7 active and 5 closed sales (trailing 12 mo) of land in Newtown. Source: SmartMLS · As of July 28, 2026.
Location
263 & 271 South Main Street, Newtown, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$5,094
- Property Taxes$597
- Insurance$333
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Newtown
- Neighborhood
- N/A
- County
- Fairfield
Residence
- Property Type
- Land
- Subtype
- SingleFamilyResidence
Schools
- Elementary
- Middle Gate
- Middle
- Reed
- High
- Newtown
Exterior & Lot
- Lot Size
- 2.06 acres
- Zoning
- M-1
- Waterfront
- Direct waterfront
- Waterfront Details
- Brook
- Water Source
- Private Well
- Sewer
- Septic
- Lot Description
- Corner LotLightly WoodedLevel Lot
Listing & Financials
- Property Taxes
- $7,163 / Annually
- Days on Market
- 181
- MLS #
- 24150429
- MLS Status
- Active
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:15 AM UTC.