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    74 Park Lane Rd New Milford, CT 06776

    For Sale
    $350,000

    Commercial For Sale - New Milford, CT

    Property size:
    1,297 SF
    Lot size:
    0.21 Acres
    Days on Market:
    286
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 74 Park Lane Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    1873095
    Parking
    6
    Parking features
    Driveway
    Exterior features
    Storage Building
    Size
    1,297 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Hot Water (Heating), Oil
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Floors in Building
    2
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    William Pitt Sotheby's Int'l (860) 868-6920 [email protected]

    Listing agent Rich Pomerantz (860) 868-6600

    Listing date Mar 4, 2025

    MLS# 24070301 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Office and Retail Space

    This commercial property offers turnkey office space that has been used as a professional office since 1996. The second floor features two office spaces with a half bath, with one office including an additional private room. The main floor comprises a reception area, conference room, additional private office space, and space for additional desks. Suitable for retail, professional, or other office uses, the property also includes an additional building that was previously a frame shop. This additional building is suitable for use as an art studio, workshop, gym, or storage. The property is located in New Milford, CT, and has a lot size of 0.21 acres. The property size is 1297 square feet and is zoned B1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Katherine Webster-O’Keefe LLC Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.406618
    Latitude
    41.59945

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    FAQs

    What type of property is this?
    Office space - Commercial property suitable for office, retail, or studio use.
    Where is this office space located?
    The property is located at 74 Park Lane Rd New Milford, CT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turnkey office space suitable for retail, professional, or office use.; - Additional building perfect for art studio, workshop, gym, or storage.; - Well-located property with main floor reception area and conference room.
    (860) 868-6600
    Request Owner's contact information
    74 Park Lane Rd New Milford, CT 06776
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    New Milford, CT 06776
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    74 Park Lane Rd New Milford, CT 06776
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