36-38 Bank St - Storefront Retail/Residential FOR SALE


New Milford, CT 06776
$1,000,000 USD
203-695-1003
36-38 Bank St, New Milford, CT for Sale
$1,000,000 USD
Storefront Retail/Residential - FOR SALE
1/34
null | 6% Cap Rate

36-38 Bank St
New Milford, CT 06776


OVERVIEW

Meticulously maintained retail/mixed use building in the main retail district of historic downtown. With a total of 5 units, the 1st floor contains 3 leased retail shops. The second floor has 2 renovated apartment/office uses with granite and hardwood floors throughout. All historic detail has been preserved and maintained with 10 foot tin style ceilings and crown molding. All mechanicals, HVAC and electrical have been updated. The lower level features an additional 2,700sf full storage area. Amazing curb appeal with high pedestrian traffic and ample free off street parking in nearby municipal lots. Call text for showing 203-733-8042

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

CB

APN/PARCEL ID

NMIL-000028-000004-000026

ASK ABOUT THIS PROPERTY

Paul ScalzoScalzo Commercial & New DevelopmentMore Info
203-695-1003

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Paul ScalzoScalzo Commercial & New DevelopmentMore Info
203-695-1003

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