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Property profile & analytics

42 Lake Avenue Ext Danbury, CT 06811

  • Retail properties
  • 72,336 SF
  • 2.64 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • GreenLightLimos.com / Limousine Service / Service Establishment
  • VitalityPrime Testosterone Replacement Therapy Center / Medical Clinic
  • Michael Schwarzchild, Ph.D. / Psychologist
  • Maron Hotel & Suites / Hotel
  • Sound Investment DJ Service / Entertainer / Event Planner

Property Details for 42 Lake Avenue Ext

Lot size
2.64 lot acres
Property size
72,336 SF
Property type
Retail properties
Property subtype
Land

Description

This exceptional Danbury, CT commercial property, located at 42 Lake Avenue Ext, presents a significant investment opportunity. The 2.64-acre lot encompasses a substantial 72,336 square foot building, offering a versatile mix of retail space and land. Originally constructed in 1989 and renovated in 1999, the property boasts a well-maintained structure, reflecting a commitment to quality and longevity. Its strategic location on a developing West side artery in Danbury ensures high visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and layout provide ample space for expansion or redevelopment, catering to a range of commercial ventures. The asking price for this prime commercial real estate is $6,250,000. This offering represents a rare chance to acquire a substantial property in a thriving Connecticut market, promising strong returns for the discerning investor. The property's history includes a previous use as a hotel, featuring 86 rooms and 11 extended-stay suites, which could be repurposed or integrated into a new development plan. The existing infrastructure provides a solid foundation for future growth and adaptation to evolving market demands. Detailed plans and specifications are available upon request. This is a unique opportunity to acquire a substantial commercial property in a prime location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Danbury
County
Western Connecticut
State
Connecticut
Longitude
-73.4864
Latitude
41.3855
More about this property
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