Property summary
This exceptional commercial property at 375 Danbury Road, New Milford, CT, 06776, offers a compelling investment or development opportunity. Situated on a sizable 1.67 to 1.87-acre lot, this property boasts a total of 4,119 square feet across a single building constructed in 1950. Currently configured as a multi-tenant retail space with two tenants, the property presents significant potential for various uses. The IC/R80 zoning permits a range of commercial activities. Its strategic location on Danbury Road (Route 202) ensures high visibility and convenient access, benefiting from proximity to the Route 202/Route 7 connector (less than 10 minutes away). The area is rich with established retailers, local businesses, and restaurants, further enhancing the property's appeal and potential for strong returns. The asking price is $825,000. This property is ideal for investors seeking a well-located, multi-tenant asset with potential for future growth or redevelopment within a thriving commercial corridor. The property's size and location make it an attractive proposition for a variety of commercial ventures. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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