Danbury Commercial Condo For
For Sale
Contact for pricing
12 Precision Rd, Danbury, CT 06810
Commercial condo with long-term lease in place, great location.
Property Size8,686 SF
Price / SF$138.04
Days on Market1438
Property Features for 12 Precision Rd
General Information
Standard status
Active
Size
8,686 SF
Class
B
Total Parking Spaces
22
Property subtype
Industrial, Office
Zoning
IL-40
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1984
Stories
2
Units
1
Tenancy
Single
Listing Agency:
RYER Associates Commercial Real Estate
(203) 733-0146
Listed By:
Jeff Ryer · License #CT REB.0754714
Source:
Crexi
Added: Sep 15, 2022
Changed: Aug 10
Last Checked: Aug 20 at 9:39PM
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 RYER Associates Commercial Real Estate
Investment Insights
Based on property information with market context.
This free-standing condominium unit, located in West Danbury off Kenosia Avenue, offers convenient access to Route 7 and I-84. Situated in an IL-40 zone, the property includes ample parking with 22 dedicated spaces. The property is served with water and gas, and utilizes a shared septic system, with sewer access available on Kenosia Avenue. The property consists of 50/50 condo land ownership (two units). A publicly traded tenant occupies the property under a 5-year lease and has invested over $800,000 in improvements. This 8,686 square foot property presents an investor opportunity.
Key Highlights
- 5‑Year Lease in Place with Publicly Traded Tenant
- Tenant Invested Over $800,000 in Property Improvements
- 50/50 Condo Land Ownership (Two Units)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
732
Businesses Nearby
Explore this area
Business Placement
Demographics for 06810, CT
55,200
Population
22,128
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
82%
High-School Grad
20.9 sq mi
ZIP Area
2,641
Density / Sq Mi
$74,373
Median Household Income
$42,425
Median Earnings
$1,816
Median Rent
$351,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial condo with long-term lease in place, great location.
Where is this office units located?
The property is located at 12 Precision Rd Danbury, CT.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 5‑Year Lease in Place with Publicly Traded Tenant; Tenant Invested Over $800,000 in Property Improvements; 50/50 Condo Land Ownership (Two Units)
