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    OFF-MARKET
    Retail properties & Spaces

    375 Danbury Rd, New Milford, CT 06776

    4,119 SF 1.67 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Total area 4,119 SF
    Lot 1.67 ac (72,745 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bloom Yoga Gym & Fitness Center
    • Coldwell Banker Realty - New Milford-Litchfield County Regional Office Real Estate Agency
    • Jessica Diaz Real Estate Agency
    • Lisa D Prinz Broker Associate; Buy ~ Sell ~ Invest. Veteran Negotiator & Marketer. Staging Specialist. Coldwell Banker Realty Real Estate Agency
    • Steven DeNicola, Coldwell Banker Realty Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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