Rivington Plaza

I-84 Site 9a Danbury, CT 06810

I-84 Site 9a, Danbury, CT, 06810
I-84 Site 9a, Danbury, CT, 06810 I-84 Site 9a, Danbury, CT, 06810 I-84 Site 9a, Danbury, CT, 06810 I-84 Site 9a, Danbury, CT, 06810
FOR SALE
Property Type:
Other Land
Amount:
$700,000
Last Verified:
Jul 25, 2024

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Highlights

  • Adjustable site plan
  • The highest and best use is Convenience Retail
  • City-approved commercial site plan
  • 17,500 sq ft of development for Retail Building
  • 2.14 Acres for sale located in the fastest-growing part of Danbury

Description

This is a retailer’s dream! A relatively small, contained market with no convenience competition. Using a conservative rule of thumb of 2.5 residents per unit this translates to 7,340 current customers with more on the way. The current and future Summit people are not included here and can be considered a bonus population. Consider that this is about half the size of some of the towns in our region, but they all are serviced by many more retailers.

Rivington contains about 2,000 condo and townhome units, with more on the way. Abbey Woods contains 470 apartments of 1-2-3 bedrooms, and Crown Point adds another 466 apartments of 1-2-3 bedrooms. The Summit contains 600,000 sq. ft. of office with hundreds of employees and the planned development of hundreds of new apartments and a Career Academy for hundreds of students.

The Rivington Plaza, Junction of Reserve & Woodland Roads, Danbury, CT. Highly visible location at a major crossroads serving Rivington, Abbey Woods, Crown Point, and other ongoing residential developments. The compact Trading area is bounded by I-84, Old Ridgebury, Woodland, and Saw Mill Roads.

Lot Size: 2.14 acres


Documents

Rivington Plaza Brochure

Map of I-84 Site 9a, Danbury, CT, 06810

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.