Property summary
This exceptional 3,000 square foot commercial property presents a unique investment opportunity in Derby, CT. Located on a highly visible .53-acre corner lot on Route 34 (Roosevelt Drive), this warehouse-style building offers unparalleled versatility. The building features impressive 16-foot ceilings at its peak, providing ample headroom for various uses. Three 10-foot overhead garage doors ensure easy access for loading and unloading, while gas heating provides efficient climate control. A substantial yard provides ample space for parking, storage, or potential expansion. Currently configured as a retail space, this property's adaptable layout and prime location make it suitable for a wide range of commercial ventures. The high-traffic location on Route 34 guarantees excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Derby market. The property's size and features offer significant potential for growth and adaptation to meet the needs of a diverse clientele. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential in a thriving Connecticut community. The combination of size, location, and features makes this an attractive investment for both established businesses and entrepreneurs looking to establish a new venture. The property's current use as an antiques and collectibles store demonstrates its suitability for retail, but its adaptability extends far beyond this single application.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
§ 195-16 Business-2 (B-2) Zone. § 195-17 Industrial-I (I-1) Zone. § 195-17(A) Mill Design District (MDD) Zone § 195-18 Public and Semipublic (P) Zone. § 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Developme…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Derby, CT§ 195-16 Business-2 (B-2) Zone. § 195-17 Industrial-I (I-1) Zone. § 195-17(A) Mill Design District (MDD) Zone § 195-18 Public and Semipublic (P) Zone. § 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Developme…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
§ 195-16 Business-2 (B-2) Zone. § 195-17 Industrial-I (I-1) Zone. § 195-17(A) Mill Design District (MDD) Zone § 195-18 Public and Semipublic (P) Zone. § 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Developme…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Derby, CT.
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