43 Main St New Milford, CT 06776

Located on the iconic New Milford Village Green, this property offers a blend of New England charm and income-producing tenancy. The Green, dating back to 1711, hosts community events and a weekly farmers’ market, drawing foot traffic to surrounding businesses. Current tenants include Joanna’s Restaurant & Catering, Domino’s Pizza, BD Provisions, Village Cleaners, and the Physical Therapy & Sports Medicine Centers. The property is offered at a 7.5% cap rate. The building totals 21,150 square feet on 0.98 acres, with a vacant 3,480 square foot second story suitable for redevelopment. With Village Commercial zoning, investors have the flexibility to attract additional tenants. The property benefits from high visibility, steady pedestrian activity, and convenient access. A large rear parking lot, angled Green parking, multiple municipal lots, and adjacency to the New Milford Post Office and Town Hall enhance its downtown location. Constructed in 1960/1970, the buildings feature remodeled front and rear façades with new display windows overlooking the Green. New Milford supports business with tax abatements, façade improvement programs, streamlined approvals, and active economic development support. The property is positioned for future upside in one of Connecticut’s attractive town centers.