Property profile

248 Main St Danbury, CT 06810

OFF-MARKET
Office buildings
Property ID
US15-0346772
4,231 SF 0.08 ac lot Built 1882
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A historic brownstone built in 1882, located in downtown Danbury, offering 6,812 square feet across three commercial levels. The building includes architectural details and tall windows with period craftsmanship, and is currently configured for commercial use with a versatile interior layout suitable for professional offices, boutique firms, wellness services, creative studios, or mixed professional uses. The property is convertible and is approved for four 2-bedroom apartments; it may also be reconfigured into residential apartment units or live/work space depending on the intended future use. The area has a Walk Score of 55 and a Bike Score of 21, indicating it is somewhat walkable and somewhat bikeable.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1882
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,231 SF
Lot 0.08 ac (3,485 SF)
Zoning code CLCB
APN DANB M:I14 L:165
UPID US15-0346772

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Land Surveyor Professional Services
  • Marketing & Advertising Advertising Agency
  • Language School
  • Architect Architectural Designer
  • Civil Engineer

Location

248 Main St Danbury, CT 06810-3619
Danbury metro Census 210101 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$515k
Blend (final) Blend
$735k

Owner & transaction history

since 2023
Last sale
$779,000
3 recorded transactions
2023
$779,000
2006
$710,000
2006
$1

Zoning & alternative use

CLCB · Danbury, CT
Top alternative use upside
Auto repair, garage $990,000 +77.2%
Retail stores $785,000 +41.0%
Commercial (general) $620,000 +10.9%

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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