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Property profile & analytics

77 Railroad St New Milford, CT 06776-6706

  • Showrooms
  • 6,415 SF
  • 0.14 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-0905157
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kent Film Festival / Drama School / General Contractor
  • Bearclaw's Academy of Music / Piano Instructor / Music School
  • FineLine Theatre Arts / Performing Arts Theater

Property Details for 77 Railroad St

Year built
1880
Construction
FRAME
Lot size
0.14 lot acres
Property size
6,415 SF
Zone code
B1
Property type
Showrooms
APN
NMIL M:35-2 L:6
APU
NMILM352L6

Description

This exceptional 6,415-square-foot freestanding building is ideally situated in downtown New Milford, Connecticut, at 77 Railroad St, 06776. Currently operating as a dance studio and music academy, this versatile property presents a unique opportunity for a variety of retail, office, or medical uses. Its prime downtown location offers excellent visibility and accessibility, enhanced by its adjacency to municipal parking and proximity to numerous shops and restaurants. The building underwent a complete renovation in 2012/2013. Features include approximately 6,000 square feet of retail space on the main level and an additional approximately 3,000 square feet of full basement storage. The property boasts three bathrooms, two of which are handicap accessible, ensuring inclusivity. Modern conveniences include city water and sewer, updated sprinkler systems, and propane heat. The building is also handicap accessible. The asking price is $575,000, representing a price per square foot of $89.63. This is a modified leasehold property with a multi-tenancy structure and no remaining lease term. The current occupancy is 100%. This is a rare opportunity to acquire a fully renovated, well-located commercial property in a thriving downtown area.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
New Milford
County
Litchfield
State
Connecticut
Longitude
-73.4136
Latitude
41.5782
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,309
$97,360
$223,860
$321,220
-
$0.00
$0.00
$0.00
More about this property
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