23 Danbury Rd Wilton, CT 06897-4321
This exceptional mixed-use property at 23 Danbury Rd, Wilton, CT 06897, presents a unique investment opportunity. The 0.47-acre lot houses a 7,061 square foot, two-story building, meticulously renovated in 2015, boasting 5,233 square feet of net rentable space. Currently configured as a multi-tenant property with two occupants, the building offers three units and ample parking (5.2 spaces per 1,000 sq ft). The property features a desirable Class A designation and is zoned DRB. The building was originally constructed in 1759, showcasing a blend of historical charm and modern updates. With a strong net operating income (NOI) of $485,000, this property offers a compelling return on investment. The lease type is NN+, with tenants secured by a corporate guarantee, eliminating credit rating concerns. Tenancy is multi-unit, with lease commencement on December 31, 2024. This turnkey opportunity allows for immediate occupancy on December 31, 2024. The asking price is $1,950,000, representing a significant value in this high-traffic, highly visible Wilton location. The property's history as a successful salon and boutique demonstrates its potential for continued success under new ownership. This is an ideal investment for an owner-user seeking to establish or expand their business in a thriving Connecticut community.
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Lace Affaire (Bike/Boat/Book/etc) Store Clothing & Fashion Store
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Illumination Salon Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
DRB · Wilton, CTWilton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.