305 South Street

Plymouth, CT
$ 534,900 Beds 0 Baths 1.5 Sq 4,041
Monthly Estimate* How much can I afford?

Exceptional redevelopment opportunity at 305 South Street in Plymouth, CT, directly across from beautiful Plymouth Lake. First time this property has been available since 1996. Currently operating as an upholstery shop, this versatile commercial property offers tremendous potential for investors, entrepreneurs, or owner occupants seeking a prime location with future upside. Plans were previously approved by the town to convert the upper level into residential living space while maintaining commercial use below, creating an exciting opportunity for possible single family, multifamily, or mixed use redevelopment. Buyers to perform their own due diligence regarding approvals, zoning, permits, intended future use, and potential benefits under Connecticut Public Act 25-164 encouraging adaptive reuse opportunities for qualifying properties. Property includes lake rights to Plymouth Lake, adding rare recreational appeal and increased desirability. Ideal for live/work space, income potential, retail, office, cafe, boutique shop, office conversion, and more. Rare opportunity in a highly visible and desirable location. Related MLS#24171048 & MLS# 24171584

Single Family

  • Price
  • $ 534,900
  • City
  • Plymouth
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • Litchfield
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.45 Acres
  • Zip
  • 06782
  • Sqr Footage
  • 4,041
  • Year Built
  • 1947
  • Taxes
  • $ 3994
  • Style
  • MLS#
  • 24171538
Listed By: Carmelina Riccitelli 203-804-1877 with Coldwell Banker Realty. - (203) 239-2553
Data Source: Smart MLS

Features

General

Zoning RA-2L
Neighborhood Lake Plymouth
County Litchfield
Tax Year July 2026-June 2027
Property Type Single Family For Sale
Status Under Contract - Continue to Show
Acres 0.45
Directions Thomaston Ave to Spruce Brook Rd to 305 South St.
High School Terryville
City Plymouth
Elementary School Per Board of Ed
Sq Ft Total 4041
DOM 133
Year Built 1947
Style Other
Year Built Source Public Records

Interior Features

Cooling System Wall Unit,Window Unit
Total Rooms 4
Basement Description Full,Full With Walk-Out

Exterior Features

Water Source Private Well
Lot Description Corner Lot,Water View,Open Lot

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Torrington, CT office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Per Board of Ed Elementary School
Middle School Unknown Middle School
High School Terryville High School

Price History

4/30/2026 Listed $664,900
5/15/2026 10% - $599,999
6/9/2026 3% - $579,900
6/24/2026 5% - $549,900
9/4/2026 3% - $534,900

Property vs Zip Code Average in 06782

Price
AVG $480K
$530K
Taxes
AVG $6,770
$3,994
Year Built
AVG 1955
1947

305 South Street Plymouth, CT is a Single Family Home for sale at $534900 with 4041 sqft and a lot size of 0.45 Acres Acre(s). 305 South Street Plymouth has 0 bedrooms, 1 baths and was built in 1947. The property's zip code is 06782 which is in Plymouth, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.