Approved Mixed-Use Property in Newtown Sells for $2.4M

According to the Hartford Business Journal, a 3.48-acre parcel at 2, 4, 6, and 8 Riverside Road in Newtown has been sold for $2.4 million to a limited liability company controlled by buyers from Bethel. The property, previously owned by Vasam Associates LLC, has been approved for a mixed-use development featuring four buildings with 37 apartments and retail space. One of the parcels, located at 6 Riverside Road, contains a 1,614-square-foot house built in 1813, though plans for its future remain unclear.

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