379 Danbury RdWilton, CT 06897

Property Details for 379 Danbury Rd

Year built

1909

Construction

FRAME

Lot size

0.53 AC

Property size (Sq ft)

6,168 SF

Zone code

DRB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WILT M:0059 B:004 L:00

APU

WILTM0059B004L00

Description

This exceptional commercial property at 379 Danbury Road in Wilton, Connecticut, offers a highly desirable location within a bustling retail and office center. Situated in Fairfield County, with a 06897 zip code, this property benefits from its proximity to Wilton schools and playing fields, ensuring high visibility and foot traffic. While a previously available 1,000+ square foot first-floor retail space is currently leased, the property features a separate, recently leased 200+ square foot second-floor executive office suite. This second-floor office boasts a private entrance and attractive wood flooring, making it an ideal space for a professional business. The entire property provides ample and easily accessible parking for tenants and their clients. The building is conveniently located on Route 7, offering excellent access and visibility for any business. This is a rare opportunity to secure a well-located and attractive commercial space in a thriving Connecticut community. The property is classified as both retail and office space, making it versatile and suitable for a range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,499,039

  6.5%

  $1,383,729

  7%

  $1,284,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,030,895

  Geo Method

  $2,030,895

• Alternative Use

  Use

  Valuation

  Residential

  $1,167,227

  Hospitality

  $1,069,174

  Educational

  $889,540

  Medical

  $920,132

  Retail

  $1,383,729

Location Insight

City

Wilton

County

Fairfield

State

Connecticut

Latitude

41.208

Longitude

-73.4315

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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