Fully Rented Office
For Sale
Contact for pricing
Pending
40-46 Railroad St, New Milford, CT 06776
Fully rented office building on highly visible Railroad Street with off-street parking for residential units.
Property SizeContact for details
Days on Market145
Property Features for 40-46 Railroad St
General Information
Standard status
Pending
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
7.5%
Listing Agency:
Coldwell Banker Brokerage Ridgefield
Listed By:
Art Meyer · License #CT RES.0766252
Source:
Crexi
Added: Apr 10
Changed: Aug 17
Last Checked: Aug 31 at 7:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Brokerage Ridgefield
Investment Insights
Based on property information with market context.
This fully rented office building is located on highly visible Railroad Street and includes off-street parking for the residential units. The property is presented as a stabilized investment with an attractive stated cap rate and below-market rents.
An additional abutting building may also be available if wanted, and the owner indicates they will consider that option.
Financing and rent-adjustment details are referenced in the offering remarks, but specific unit configurations and improvements are not described in the available information.
An additional abutting building may also be available if wanted, and the owner indicates they will consider that option.
Financing and rent-adjustment details are referenced in the offering remarks, but specific unit configurations and improvements are not described in the available information.
Key Highlights
- Fully rented office building on highly visible Railroad Street in New Milford
- Attractive 7.5% cap rate with below‑market rents
- Cap rate increases to 8.5% by raising rents to market value (per remarks)
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
Demographics for 06776, CT
26,848
Population
11,120
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
95%
High-School Grad
56.2 sq mi
ZIP Area
478
Density / Sq Mi
$102,240
Median Household Income
$50,407
Median Earnings
$1,598
Median Rent
$380,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully rented office building on highly visible Railroad Street with off-street parking for residential units.
Where is this office building located?
The property is located at 40-46 Railroad St New Milford, CT.
What are key features of this property?
This property features: Fully rented office building on highly visible Railroad Street in New Milford; Attractive 7.5% cap rate with below‑market rents; Cap rate increases to 8.5% by raising rents to market value (per remarks)
