Former Restaurant Building with
For Sale
$1,199,999
29 E Pembroke Road, Danbury, CT 06811
COMMERCIAL - Danbury, CT
Property Size11,859 SF
Lot Size1.06 Acres
Price / SF$101.19
Days on Market51
Property Features for 29 E Pembroke Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RA-20
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
70
Lot features
Corner Lot, Level Lot
Directions
Hayestown Rd to E Pembroke
Subdivision
Candlewood Lake
Standard status
Active
Size
11,859 SF
Lot size
1.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
25130
Utilities
Sewer type
Public Sewer
Heating system
Zoned
Cooling system
Central Air
Water source
Public
Building Details
Year built
1845
Listing Agency:
Higgins Group Real Estate
(203) 254-9000
Listed By:
Gezime Ajro
(203) 565-3089
Added: Jun 22
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 24181511
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This property is a former restaurant site on approximately 1.06 acres with a large existing building and paved parking. It is being sold as-is, and the current improvements are intended for an owner-operator, investor, or builder who wants to evaluate the space for redevelopment or reuse.
Located near the Pembroke/Candlewood Lake area on East Pembroke Road, the site has strong visibility. The property is surrounded by established residential neighborhoods and condo communities, which can be relevant for businesses and redevelopment plans looking to serve a predominantly residential area.
In addition to potential restaurant re-occupancy, the seller notes there may be potential to rezone the property. If approvals are obtained from the City of Danbury, redevelopment could potentially allow for 8–12 garden-style condo or apartment units, subject to city requirements. Initial conversations and inquiries have been made with Planning & Zoning to better understand what may be possible. Prospective buyers should review zoning and feasibility directly with the City of Danbury as part of their due diligence.
Located near the Pembroke/Candlewood Lake area on East Pembroke Road, the site has strong visibility. The property is surrounded by established residential neighborhoods and condo communities, which can be relevant for businesses and redevelopment plans looking to serve a predominantly residential area.
In addition to potential restaurant re-occupancy, the seller notes there may be potential to rezone the property. If approvals are obtained from the City of Danbury, redevelopment could potentially allow for 8–12 garden-style condo or apartment units, subject to city requirements. Initial conversations and inquiries have been made with Planning & Zoning to better understand what may be possible. Prospective buyers should review zoning and feasibility directly with the City of Danbury as part of their due diligence.
Key Highlights
- Approx. 1.06 level acres with a large existing former restaurant building near the Pembroke/Candlewood Lake area
- Paved parking on‑site and strong visibility on East Pembroke Road
- Central air cooling and zoned heating
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 90%
Dining 7%
Shops & Services 3%
ShopRite
Groceries
49,740 visits/mo
0.4 miles
Sal's Pizza
Dining
4,047 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
1,500 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Former restaurant property with a large building and paved parking on a residentially surrounded Danbury parcel.
Where is this conventional restaurant located?
The property is located at 29 E Pembroke Road Danbury, CT.
What is the asking price?
The asking price for this property 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 near the Pembroke/Candlewood Lake area; Paved parking on‑site and strong visibility on East Pembroke Road; Central air cooling and zoned heating
