432 Main St Danbury, CT 06811
- Office buildings
- 5,950 SF
- 0.59 lot acres
Current Use by Public Records
- Surveying Associates PC / Land Surveyor
- Sweet Danbury / Dentist / Cosmetic Dentist
- Wall Mary / Dentist
- Nurse-Care / Nursing Agency
- Linda Tran / Counselor / Practitioner Service Location
Property Details for 432 Main St
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.59 lot acres
- Property size
- 5,950 SF
- Zone code
- CG20
- Property type
- Office buildings
- APN
- DANB M:H12 L:125
- APU
- DANBMH12L125
Description
This exceptional single-tenant office space, totaling 2,873 square feet, presents a fantastic opportunity in the heart of Danbury. Ideally situated for medical or general office use, the property boasts convenient on-grade parking access, eliminating the hassle of searching for spots. Previously occupied by a dental practice, the space features five fully equipped operatories, offering immediate functionality for a similar business or the potential for expansion. The layout is adaptable and divisible down to 962 square feet, providing flexibility for various business needs. Its central Danbury location ensures high visibility and easy access to I-84, a major transportation artery. The building itself is a recognizable landmark, characterized by its ample parking and numerous windows, providing excellent natural light and a pleasant working environment. Utilities are separately metered. This property offers a unique blend of convenience, functionality, and prime location, making it an ideal investment for discerning businesses seeking a well-established and easily accessible space. The building's prominent position ensures strong exposure, attracting potential clients and enhancing the overall business profile.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $415,000
- 7%
- $380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $445,000
- Mixed-Use
- $490,000
- Hospitality
- $445,000
- Educational
- $375,000
- Residential Income
- $420,000
- Energy
- $425,000
- Income-Based Land
- $475,000
- Food Service
- $420,000
Location Insight
- Map
- Local Demand
- City
- Danbury
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4607
- Latitude
- 41.4046
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
