85 Railroad St New Milford, CT 06776-2783
- Showrooms
- 12,297 SF
- 0.47 lot acres
Current Use by Public Records
- New Milford True Garage Doors Repair Services - Door & Springs Installation Service / Corporate Office / Door Supplier
Property Details for 85 Railroad St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.47 lot acres
- Property size
- 12,297 SF
- Zone code
- B1
- Property type
- Showrooms
- APN
- NMIL M:35-2 L:7-B
- APU
- NMILM352L7B
Description
This exceptional commercial property at 85 Railroad Street in New Milford, Connecticut, presents a unique investment opportunity. The property encompasses three buildings totaling 12,297 square feet on a 0.47-acre lot. The main building, a three-story structure built in 1900 and renovated in 1988, features a large street-facing retail space with ample display windows, potential office space, and multiple bathrooms. Upstairs, there's significant potential for additional office space, apartments, or extended-stay accommodations. Attached is a substantial warehouse building (5000+ sq ft) with three large overhead doors, a mezzanine, high ceilings, and more office space. The property also includes a valuable 20-space private parking lot, with 10 spaces conveniently located near the retail entrance, including two handicap-accessible spots. The property is zoned B-1, offering a wide range of permitted uses. This versatile property is ideal for an owner-operator or investor seeking a multi-use space with significant upside potential in a charming New England town. The asking price is $998,000. The property consists of two units and features 30 parking spaces per 1,000 square feet. The APN is 2720303.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $385,000
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Location Insight
- Map
- Local Demand
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.414
- Latitude
- 41.5787
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA