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235 Danbury Road

Wilton, CT 06897
  • $550,000
  • STATUS: Closed
  • ON SITE: 351 Days
  • MLS #: 170466988
Sold - 01/31/2023
$550,000
SOLD - 01/31/2023
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,024
    SQFT
  • $272
    $/SQFT
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

Description

Welcome to one of Wilton's rare multi-family or commercial finds! This four unit retail storefront is located on Danbury Road with tens of thousands of cars passing by each day. It's located close to downtown, and quick access to the Merritt Parkway and I-95. There is the possibility of retail, business, office and residential uses. The four units include a retail space currently used as a salon ($2500), a smaller space currently used as a nail salon ($250), a 1 bedroom apartment ($1500), and a studio apartment ($850). Gross rent is now over $55k with potential for this to increase substantially. Rents for the apartments are well under market value. All currently fully rented, there is a huge cash-flow for this building. They are all in excellent condition and well-maintained by the current owner. There is central air throughout the building, and all mechanicals are in the dry basement as well as laundry and space for plenty of storage. There are 15 parking spaces for tenants and retail customers. All utilities are paid by current landlord.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-02T00:09:50.453.
www.thecthomefinder.com/homes/125866514
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235 Danbury Road Wilton, CT 06897

  • Price: $565,900
  • Status: Closed
  • On Site: 351 Days
  • Updated: 227 min ago
  • MLS #: 170466988
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2,024
SQFT
$272
$/SQFT
1946
Built
County:
Fairfield
Area:
Wilton
Property Description
Welcome to one of Wilton's rare multi-family or commercial finds! This four unit retail storefront is located on Danbury Road with tens of thousands of cars passing by each day. It's located close to downtown, and quick access to the Merritt Parkway and I-95. There is the possibility of retail, business, office and residential uses. The four units include a retail space currently used as a salon ($2500), a smaller space currently used as a nail salon ($250), a 1 bedroom apartment ($1500), and a studio apartment ($850). Gross rent is now over $55k with potential for this to increase substantially. Rents for the apartments are well under market value. All currently fully rented, there is a huge cash-flow for this building. They are all in excellent condition and well-maintained by the current owner. There is central air throughout the building, and all mechanicals are in the dry basement as well as laundry and space for plenty of storage. There are 15 parking spaces for tenants and retail customers. All utilities are paid by current landlord.
Exterior Features

Construction Description Frame Foundation Type Block Lot Description Level Lot Parking Spaces Uncovered 15 Parking Total Spaces 15 Road Frontage Description State Road Roof Information Asphalt Shingle

Interior Features

Cooling System Central Air Heat Type Hot Air

Property Features

Bank Owned Property Yn No Commercial Category Retail Documents Available None Electic Amperage 200 Garage Parking Info Paved Heat Fuel Type Oil Location Other Possession Availability Immed Potential Short Sale Yn No Property Tax 13572 Sewage System Public Sewer Connected Sign Yn No Tenants Number Of 4 Utilities Available ElectricGas AvailableTelephoneCable Water Source Private Well Zoning Drb

Listing information © 2023 Smart MLS
Listing provided courtesy of Joe Balestriere of William Raveis Real Estate: (203) 847-6633.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-02-02T00:09:50.453.
 
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