Property profile

14-22 Walnut St Danbury, CT 06811

OFF-MARKET
Retail properties & Spaces
10,071 SF 1.3 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established automobile sales and service facility located at 14-22 Walnut Street in Danbury, Connecticut. The property encompasses a substantial 10,071 square feet of space distributed across four buildings situated on a generous 1.3-acre lot. The main structure includes a showroom and office space, while two additional buildings serve as service centers, equipped with nine service bays to accommodate a high volume of vehicles. Ample parking is available for customers and staff, with approximately 75 spaces. The property is zoned CG20, allowing for continued operation as an auto dealership or potential redevelopment opportunities subject to local regulations. The asking price for this turnkey operation is $1,900,000. This rare opportunity offers a significant return on investment in a thriving Connecticut market. The property's size, location, and existing infrastructure make it an ideal acquisition for an established automotive business or a savvy investor seeking a high-demand commercial property. The existing buildings are in place and ready for immediate use, minimizing upfront capital expenditures. This is a unique chance to acquire a fully operational and profitable business in a desirable location. The property's substantial lot size also offers potential for future expansion or development.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,071 SF
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14-22 Walnut St Danbury, CT 06811
Danbury metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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