375 Danbury Rd, New Milford, CT 06776
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.
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Bloom Yoga Gym & Fitness Center
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Coldwell Banker Realty - New Milford-Litchfield County Regional Office Real Estate Agency
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Jessica Diaz Real Estate Agency
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Lisa D Prinz Broker Associate; Buy ~ Sell ~ Invest. Veteran Negotiator & Marketer. Staging Specialist. Coldwell Banker Realty Real Estate Agency
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Steven DeNicola, Coldwell Banker Realty Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.