Exceptional opportunity to acquire .4604 acres of commercially zoned land located near the highly desirable Paradise Green area of Stratford. This property offers excellent visibility and accessibility, making it ideal for a variety of development possibilities. The site presents strong potential for retail, mixed-use with residential apartments, or other commercial ventures. Buyers are responsible for conducting their own due diligence with the town regarding zoning, permits, and intended use. Currently being used as 3 apartments, 2 of which have leases until end of July 2026. Value is in the land. Average traffic 13,200 CPD with Easy Access to Merritt Parkway (Rt15), I-95 and metro north.
3406 Main Street, Stratford, (Paradise Green), CT, 06614
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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