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Mixed-Use Property with Apartments
New
For Sale
$1,150,000

31 Park Lane Rd, New Milford, CT 06776

The sale combines the premises, an operating glass company, and income from apartments.

Property Size3,600 SF
Days on Market2

Property Features for 31 Park Lane Rd

General Information

Standard status Active
Size 3,600 SF
Property subtype Mixed-Use
Occupancy 100%

Financials

Cap Rate 6%
Business Included Yes

Amenities

Opportunity to acquire both the operating business and owner-occupied real estate in a single transaction
Established local glass business with decades of operating history and an existing customer base
Mixed-use property featuring owner-occupied commercial space and an income-producing apartment

Building Details

Building Size 3,600 SF
Units 1
Listing Agency: Marcus & Millichap - New Haven
Listed By: Maria DeAngelis · License #License(s): CT: RES0807196
Source: Marcusmillichap
Added: Oct 16 Last Checked: Oct 16 at 2:18PM

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 Marcus & Millichap - New Haven

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Investment Insights

Based on property information with market context.

At 31 Park Lane Road in New Milford, the offering brings together a mixed-use property and Action Glass Co., Inc., which operates from the premises. Apartment income is also part of the offering, alongside the business and its real estate.

Key Highlights

  • Real estate and Action Glass Co., Inc. are offered together
  • Apartment income is included in the offering
  • Located at 31 Park Lane Rd, New Milford, CT 06776

Property Analytics

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Open Analytics

Current Use

Action Glass of New ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Electrical Service HVAC Service Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The sale combines the premises, an operating glass company, and income from apartments.
Where is this mixed-use property located?
The property is located at 31 Park Lane Rd New Milford, CT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Real estate and Action Glass Co., Inc. are offered together; Apartment income is included in the offering; Located at 31 Park Lane Rd, New Milford, CT 06776
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