Padanaram Portfolio FOR SALE


Danbury, CT - Danbury/Newtown/Monroe
$795,000 USD
203-695-1003
, Danbury, CT for Sale
$795,000 USD
FOR SALE
1/1
null | 5.17% Cap Rate

Padanaram Portfolio
Danbury, CT
Danbury/Newtown/Monroe


OVERVIEW

Back on Market - Scalzo Commercial & New Development presents for Sale 52-52A Padanaram Road in Danbury, Connecticut. This Mixed-Use property features two buildings on a .5-acre lot in a CN20 zone. The 1,208 SF 3-bedroom single-family home is currently leased for $2,150/month and features new paint, updated kitchen and bathrooms, and refinished flooring. The standalone Retail building is leased to 2 tenants with a monthly income of $3,000. Additional income potential with 1,600 SF storage available on the second floor and a 2,000 SF basement with a garage door. Danbury, CT, surrounds the property on Padanaram Road. Variety of retail, dining, and entertainment options, including the popular Danbury Fair Mall. Strong local economy and growing population, an attractive opportunity for retail investors.

ASK ABOUT THIS PROPERTY

Michele BrownScalzo Commercial & New DevelopmentMore Info
203-695-1003

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

Michele BrownScalzo Commercial & New DevelopmentMore Info
203-695-1003

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