Land For Sale
O,R&L Commercial is pleased to offer a Development opportunity consisting of 4.52± acres located immediately off I-95 at Exit 41 in the town of Orange, CT. The property is an ideal retail / hotel site with great visibility / frontage and high traffic counts on both Marsh Hill Road and I-95. It is adjacent to corporate offices including: Avangrid / United Illuminating & Southern CT Gas, Dichello Distributors & Wesco. Directly across from Yale’s West Campus and in close proximity to the Boston Post Road (Route 1), a major retail corridor for the area.
POTENTIAL USES: Per zoning regulations, this property is ideal for retail stores and other buildings with a consistent architectural design theme. It is an ideal hotel site for 100+ sleeping rooms with conference facilities and/or banquet rooms, and a sit down restaurant facility located within the hotel structure or in detached structure, and conference and training centers for corporate use.
Reduced Sale Price: $3,950,000 / Land Lease Rate: $350,000/YR NNN