146 Danbury Rd, New Milford, CT, 06776

146 Danbury Rd New Milford, CT 06776

146 Danbury Rd, New Milford, CT, 06776
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FOR SALE
Property Type:
Street Retail
Amount:
$2,750,000
Last Verified:
May 29, 2025

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Highlights

  • Route 7 Frontage: +/- 200’
  • Parking: +/- 100 spaces
  • Zone: I (Industrial) Incorporates the B-1 and B-2 commercial zone
  • Year Built: 1987
  • Construction: Wood frame
  • Utilities: City water & sewer and gas
  • Traffic Count: 27,124 cars per day
  • Taxes: $39,547 per year

Description

**Fully Leased Commercial Property on Route 7 – 146 Danbury Rd, New Milford, CT**

Prime investment opportunity in a high-traffic location near major retailers including Home Depot, Walmart, Super Stop & Shop, Panera Bread, Kohl’s, Verizon, and Aldi. This fully leased property offers a **stable 7.5% return** with long-term tenants in place.

**Recent Improvements:**
- **2018:** New siding and roof on rear building
- **2019:** New siding on front building
- **2017-2020:** HVAC upgrades in all front building units
- **2018-2020:** Various interior upgrades
- **2021:** Interior remodel for CT Firearms
- **2022:** Interior remodel for Primary Care units
- **2023:** New exterior facade for front building

Great location, solid tenant base, and recent updates make this an excellent investment opportunity!

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Building Size: 22618sq ft
Lot Size: 1.84 acres

Map of 146 Danbury Rd, New Milford, CT, 06776

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.