5 Danbury RdNew Milford, CT 06776

  • Other commercial real estate
  • 2.97 AC
For Sale
$350,000 View listing

Property Details for 5 Danbury Rd

Lot size
2.97 AC
Zone code
B2
Property type
Other commercial real estate
APN
NMIL M:28-4 L:210
APU
NMILM284L210

Description

This exceptional retail investment opportunity encompasses 13,000 square feet of prime commercial space situated on a 2.97-acre lot at 5 Danbury Road in New Milford, Connecticut. The property, zoned B2, consists of two single-story buildings constructed in 1947, offering a combined total of two units. Currently configured as a grocery store and pharmacy/drug store, this versatile property presents significant potential for a variety of retail uses. The high visibility location and prominent building and marquee signage ensure maximum exposure to the substantial traffic flow. The asking price is $2,250,000, translating to $173.08 per square foot. This represents a compelling investment opportunity in a thriving Connecticut market. The property's size and location make it ideal for expansion or redevelopment, catering to the needs of a growing community. Detailed financial information is available upon request. The property is offered for sale by owner. Don't miss this chance to acquire a well-established retail center in a desirable location. Contact us today to schedule a showing.

5 Danbury Rd, New Milford, Connecticut

Location Insight

City
New Milford
County
Litchfield
State
Connecticut
Latitude
41.574
Longitude
-73.416
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$26,945
$422,070
$507,710
$929,780
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-
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