12 Old Mill Rd - Freestanding FOR SALE


Redding, CT 06896
$1,695,000 USD
203-461-1931
12 Old Mill Rd, Redding, CT for Sale
$1,695,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

12 Old Mill Rd
Redding, CT 06896


HIGHLIGHTS

  • Corner parcel location provides strong street visibility.
  • Convenient access to Route 7, Route 107, and the Merritt Parkway.
  • Diversified tenant mix supports multiple income sources.

OVERVIEW

12 Old Mill Road presents a fully leased mixed-use investment opportunity in the Georgetown section of Redding, Connecticut. Located on a prominent 0.57-acre corner parcel, the property consists of a well-maintained building occupied by a diverse tenant roster that includes restaurant, retail, wellness, fitness, office, and educational uses. The property's 100% occupancy and scheduled tenant rent increases provide investors with in-place income and a diversified revenue stream. Originally constructed in 1937, the building has been maintained while preserving its traditional New England character. Features include attractive storefronts, multiple private entrances, abundant natural light, outdoor patio seating, and ample on-site parking. The combination of varied tenancy and established occupancy supports stable operations while reducing reliance on any single business sector. The property benefits from excellent regional accessibility with convenient connections to Route 7, Route 107, and the Merritt Parkway. Georgetown remains one of Fairfield County's recognized historic commercial districts, providing a blend of local commerce, community activity, and limited inventory characteristics that have supported long-term demand. Its location also offers connectivity to the broader Fairfield County and Westchester County markets, expanding its appeal to both tenants and consumers. This offering is well suited for investors seeking a stabilized income-producing asset with established occupancy, diversified tenancy, and a location within a longstanding commercial corridor.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

Bus. Ctr

APN/PARCEL ID

REDD-000046-000000-000190

ASK ABOUT THIS PROPERTY

Chris ScatterdayColdwell Banker Commercial RealtyMore Info
203-461-1931

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Chris ScatterdayColdwell Banker Commercial RealtyMore Info
203-461-1931

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.