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Description: HUGE PRICE REDUCTION! Derby Green was most recently a 23-bed Nursing Home Facility and is ready for its next chapter. The 10,515 square foot building sits on 8.5± acres with 517' of frontage on Route 5 and 407' frontage on Derby Pond. The site is mostly open with maple trees flanking much of the perimeter. Public water and sewer along with high speed cable internet service the property. Although the lot has been used commercially for years, it is zoned as Residential Two Acre along Route 5 and Shore land District along Derby Pond. The property has so much potential from assisted living, group housing, residential development, condos, townhomes, and more. A wonderful location, minutes to I-91, Main Street, Schools, Restaurants, Stores and the Hospital. Bring your ideas!

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