Storefront

New Milford, CT Storefront Properties for Sale

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Commercial Property on Park Lane
Updated: Sep 25, 2024
Commercial Property on Park Lane

40 Park Lane Road, New Milford, CT 06776

$299,000
979 sqft 0.43 AC lot
High‑visibility location on State Road 202/Park Lane
Versatile B‑1 zoning allows for a wide range of "As of Right" uses (subject to site plan approval)
Redevelopment potential on almost a half‑acre of land
Opportunity to repurpose the existing building
Potential to reinvigorate an existing dry‑cleaning business
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in New Milford, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Storefront Property with Private Parking
Storefront Property with Private Parking

172 Fairfield Drive, Brewster, NY 10509

$280,000
1,496 sqft

Commercial and residential zoning supports flexible use, with an existing tenant already in place.

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Storefront Retail Space with Basement
Storefront Retail Space with Basement

25 N Main Street, Kent, CT 06757

$165,000
1,863 sqft

First-floor commercial space offers dual access, a private bathroom, basement storage, and continued occupancy through February 2027.

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First-Floor Storefront with Basement
First-Floor Storefront with Basement

25 North Main Street 5d, Kent, CT 06757

$165,000
1,863 sqft

Existing tenancy provides rental income through February 2027, with future flexibility for an owner-user.

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Storefront Property with Private Parking
Storefront Property with Private Parking

172 Fairfield Drive, Brewster, NY 10509

$280,000
0.17 AC lot

Versatile commercial space includes attic storage, rear outdoor area, and existing tenant occupancy.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mixed-Use Property with Greenhouse
Mixed-Use Property with Greenhouse

178 Charles Colman Boulevard, Pawling, NY 12564

$1,350,000
3.90 AC lot

Property combines a residence with a greenhouse, floral retail area, and commercial space.

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New Milford, CT Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in New Milford, CT on our real estate platform. These investment opportunities span a total of 979 square feet of properties for sale, with an estimated market value of $299,000.

Sale prices for retail units in New Milford, CT average $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 8
Storefront properties 5
Auto shops 1
Automotive properties 1
Banks 1

Demographics Overview

Population 27K
Population Growth (5Y) +4.2%
Median Household Income $102,240
College Educated 56.6%

High-Yield Neighborhoods for Investment

Identify New Milford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06776 $299K

Taxes & Financing

Tax Rate (average for all types) 2.90%
Property Tax per SF $38.92 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Litchfield County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in New Milford fall within the 100,000+ square foot range.

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