Address
64-66 West Street Danbury, CT
Price
$ 1,595,000
Property Attributes
  • MLS#99088441
  • TypeCommercial
  • CountyFAIRFIELD
  • CityDanbury
  • Zip06810
  • StyleCommercial For Sale
  • Year Built1898
  • Taxes18661
  • Price$ 1,595,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage13896
  • Lot Size0.8 Acres
Listing Provided Courtesy Of:
Advantage Realty, Inc.
Property Description

This investments property is located at 64-66 West Street and is now available for sale at $1,595,000. Nice renovations have been completed on both properties. 64 West Street is occupied by two "AAA credit tenants". One lease is guaranteed by the Mormon Church and the second lease is guaranteed by the Catholic Church. The 5108 s.f. office building is currently home to a Psychiatric counseling practice and has one 2500 s.f. space available for lease with an estimate net rent of $25,000 / year. The estimated combined income of the two buildings in 2018 will be $184,101 per year with expenses of $16,000 per year yielding a Cap Rate of 10.54% The combined site plan for 64-66 West Street has be totally updated with new paving, new sidewalks, new drainage, and all new landscaping. The buildings are located on West Street in a revitalized area with many new buildings and located only minutes from Danbury City Hall. Total of 13,538 s.f.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
2/20/2015 Listed $1,595,000

General Features

Commercial Catagory Investment, Office
Location Downtown
Neighborhood N/A
Present Use OFFICES
Property Type Commercial For Sale
Utilities Available Electric Available, Gas Available, Phone Available, Cable
Year Built 1898
Zoning CL-10

Interior Features

Cooling System Heat Pump, Zoned
Flooring Ceramic Tile, Tile, Vinyl, Wall-to-Wall Carpet, Wood
Heat Fuel Type Oil
Heat Type Heat Pump, Radiator, Zoned
Interior Features Fire Suppression System, Security System
Sq Ft Source Approximate
Sq Ft Total 13896
Total Numof Units 1

Exterior Features

Exterior Features Gutters, Pole Sign
Foundation Concrete, Stone
Garage Parking Info Paved, On Street Parking, Parking Lot
Lot Description Corner Lot, Level Lot, Sloping Lot
Parking Spaces Uncovered 38
Parking Total Spaces 38
Road Frontage Description Municipal Street, Paved Road
Roof Information Asphalt Shingle, Built Up
Sewage System Public Sewer Connected
Water Source Public Water Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 06810

Price
AVG $230K
$1.6M
Taxes
AVG $3,470
$18,661
Visits
AVG 20
80
Year Built
AVG 1951
1898
Walkscore
AVG 62
79

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