16 Beaver Brook Rd Danbury, CT 06810

Property Details for 16 Beaver Brook Rd

Lot size

1.75 lot acres

Property size

25,404 SF

Property type

Life science properties

Property subtype

Flex space

Description

This exceptional investment opportunity presents a 25,404 square foot multi-tenant industrial building situated on a 1.75-acre lot in Danbury, Connecticut. The property, located at 16 Beaver Brook Rd, boasts a desirable Class C designation and is currently 100% occupied, generating a strong 6.00% cap rate. The asking price is $2,990,000, translating to $129.90 per square foot. The building features a mix of flex, R&D, and warehouse space, catering to a diverse range of industrial uses. The property includes five units within a single, two-story building, zoned IL-40. Key features include 14'-17' ceiling heights, two dock-high doors, and one loading dock. The owner currently occupies 10,800 square feet of the upper level, which could be vacated for a buyer seeking more space. This area includes approximately 2,000 square feet of air-conditioned office space and a mezzanine for additional storage. Three tenants occupy the lower level, each with their own drive-in doors and ample parking. Adding to the investment potential, a three-bedroom house on the property is currently leased. Annual property taxes are $26,282. This property is ideal for owner-occupancy with rental income potential, offering a compelling combination of immediate cash flow and long-term growth prospects. The central Danbury location provides easy access to major transportation routes and a robust workforce. This is a rare opportunity to acquire a well-maintained, fully occupied industrial property with significant upside potential.