Mixed-Use Development
For Sale
Contact for pricing
189 Danbury Road, New Milford, CT 06776
Fully approved mixed-use development with 2–4 retail or commercial pads plus a 150-apartment plan.
Property SizeContact for details
Lot Size13.25 Acres
Days on Market109
Property Features for 189 Danbury Road
General Information
Standard status
Active
Lot size
13.25 Acres
Property subtype
Retail, Multifamily, Mixed Use
Investment Type
Redevelopment
Site & Location
Traffic Count
30,000 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
150
Building Details
Buildings
5
Units
150
Listing Agency:
Scalzo Commercial & New Development
(203) 790-7077
Listed By:
Paul Scalzo Sr. · License #CTNY
Source:
Crexi
Added: May 4
Changed: Aug 8
Last Checked: Aug 8 at 5:08PM
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 Scalzo Commercial & New Development
Investment Insights
Based on property information with market context.
Fully approved mixed-use development site for sale, designed to accommodate 2 to 4 individual pads for retail or other commercial use. Public remarks indicate an offer has been received for two of the pads, which may be turned over to the overall property buyer to execute the sale. The plan also includes 150 apartments across five buildings, with 24 to 36 units per building, supported by a clubhouse and pool.
The property totals 13.25 acres and includes 780 feet of road frontage, with all utilities available. The location is described as favorable for both commercial/retail and apartment uses, with a 30,000+ daily traffic count. The adjacent Litchfield Crossings Shopping Center (288,000 SF on full buildout) includes Kohls, Home Goods, Big Lots, and others, and Super Stop & Shop and Walmart are just across the street. City sewer and water are noted as available.
The property totals 13.25 acres and includes 780 feet of road frontage, with all utilities available. The location is described as favorable for both commercial/retail and apartment uses, with a 30,000+ daily traffic count. The adjacent Litchfield Crossings Shopping Center (288,000 SF on full buildout) includes Kohls, Home Goods, Big Lots, and others, and Super Stop & Shop and Walmart are just across the street. City sewer and water are noted as available.
Key Highlights
- Fully approved mixed‑use development site for 2 to 4 individual retail/commercial pads on Rte 7
- 150‑apartment plan across 5 buildings (24 to 36 units each) with clubhouse and pool
- Apartment unit mix totals 90 one‑bedrooms, 45 two‑bedrooms, and 15 three‑bedroom units
Property Analytics
Current Use
Lease Details
150
Residential units
30,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
326
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully approved mixed-use development with 2–4 retail or commercial pads plus a 150-apartment plan.
Where is this apartment building located?
The property is located at 189 Danbury Road New Milford, CT.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Fully approved mixed‑use development site for 2 to 4 individual retail/commercial pads on Rte 7; 150‑apartment plan across 5 buildings (24 to 36 units each) with clubhouse and pool; Apartment unit mix totals 90 one‑bedrooms, 45 two‑bedrooms, and 15 three‑bedroom units
