Former Restaurant Building with
For Lease
$1,199,999
29 E Pembroke Rd, Danbury, CT 06811
Large former restaurant building with paved parking and strong visibility on East Pembroke Road.
Space SizeContact for details
Lot Size1.06 Acres
Days on Market123
Property Features for 29 E Pembroke Rd
General Information
Standard status
Active
Lot size
1.06 Acres
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$25,372
Listing Agency:
Higgins Group Real Estate
(203) 254-9000
Listed By:
Gezime Ajro
(203) 565-3089
Source:
Exprealty
Added: Jun 22
Changed: Oct 6
Last Checked: Oct 21 at 1:07AM
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 Higgins Group Real Estate
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Investment Insights
Based on property information with market context.
This former restaurant property offers a large existing building with paved parking on approximately 1.06 acres. The property is being offered as-is. The site is positioned near the Pembroke/Candlewood Lake area and is surrounded by established residential neighborhoods and condo communities.
Initial conversations and inquiries have been made with Planning & Zoning to better understand potential redevelopment options. There may be potential to rezone the property to a low-to-medium density residential district, which could allow for approximately 8–12 garden-style condo or apartment units, subject to City of Danbury approvals. Nearby multifamily zoning to the north and west is referenced as a possible factor in pursuing rezoning, and the existing restaurant use may also be considered.
Initial conversations and inquiries have been made with Planning & Zoning to better understand potential redevelopment options. There may be potential to rezone the property to a low-to-medium density residential district, which could allow for approximately 8–12 garden-style condo or apartment units, subject to City of Danbury approvals. Nearby multifamily zoning to the north and west is referenced as a possible factor in pursuing rezoning, and the existing restaurant use may also be considered.
Key Highlights
- Approx. 1.06 level acres with a large existing former restaurant building
- Paved parking on‑site
- Strong visibility on East Pembroke Road
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 06811, CT
31,216
Population
12,568
Households
2.5
Avg Household Size
42
Median Age
41%
College-Educated
87%
High-School Grad
21.0 sq mi
ZIP Area
1,486
Density / Sq Mi
$107,519
Median Household Income
$45,224
Median Earnings
$1,754
Median Rent
$405,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Large former restaurant building with paved parking and strong visibility on East Pembroke Road.
Where is this conventional restaurant located?
The property is located at 29 E Pembroke Rd Danbury, CT.
What is the lease rate?
The lease rate is $1,199,999.
What are key features of this property?
This property features: Approx. 1.06 level acres with a large existing former restaurant building; Paved parking on‑site; Strong visibility on East Pembroke Road
