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Shovel Ready 96 Unit Condo Development

$500,000

10 Riverside Drive, Sprague, CT 06330

Active
Last Updated: 04/08/2021

Multifamily

Development Type

70 acres

Lot Area

Details:
Development Type:    Multifamily
Lot Area:    70 acres
Permits:    Yes
Highlights:
  • Fully Approved 96 unit Condo development
Description:

Rare investment opportunity! 70+/- acres fully approved to build 96 unit condominium project and two small retail centers in accordance with the Town of Sprague's Village Design District. 3000 feet of of walking trails provide onsite recreation and benefits to residents. Phase 1 roads already boxed in, this community will showcase roads 22 feet wide and sidewalks 5 feet wide.
Located 1 mile from Route 395, and nearby regional shopping at Lisbon landing. Easy commute to General Dynamics Electric Boat Division currently hiring 7000 new employees, and minutes to Mohegan Sun and Foxwoods Casinos.

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