39 Smith Street

Danbury, CT 06810 Directions
$329,000
  • 1,312Sqft
  • 1900Built
  • $251Price/Sqft

Property Highlights

  • Neighborhood: City Center
  • Days on Market: 2
  • MLS: 170109821

Property Highlights

  • Neighborhood: City Center
  • Days on Market: 2
  • MLS: 170109821

The property is located within sight of Exit 5 - I-84 on and off exit ramps in a new growth area at North Main St. in downtown Danbury, CT. The property is in the valuable multi-use CG-20 zone. The CG-20 zone allows a multitude of high end and generous uses including office, medical and residential. The property consists of a two-family building built in 1900 that is situated on 0.28 acres of property. There is also a partially refurbished multi-car garage and excellent parking. New privacy fence and upgraded landscaping enhance the exterior of the property. This vintage 1900 building has been recently updated and renovated with a new roof, hardboard...

Property Highlights

  • Neighborhood: City Center
  • Days on Market: 2
  • MLS: 170109821

The property is located within sight of Exit 5 - I-84 on and off exit ramps in a new growth area at North Main St. in downtown Danbury, CT. The property is in the valuable multi-use CG-20 zone. The CG-20 zone allows a multitude of high end and generous uses including office, medical and residential. The property consists of a two-family building built in 1900 that is situated on 0.28 acres of property. There is also a partially refurbished multi-car garage and excellent parking. New privacy fence and upgraded landscaping enhance the exterior of the property. This vintage 1900 building has been recently updated and renovated with a new roof, hardboard siding, insulation, and gutters. The electrical system in the building has been significantly upgraded and a new washer and dryer installed in the basement. The front and rear porch entrances have been completely rebuilt with materials matching the new siding. The adjacent garage has been partially refurbished and upgraded to include heat and air conditioning. Natural gas, Municipal water and sewer service the building. The property is located at the Gateway access via I-84/684 to Eastbound New England and Westbound New York, New Jersey and PA. Metropolitan NY and NJ is only one-hour South. This 1312 s.f. apartment building and multi-car garage contains two floors and a full basement. Pro-forma cap rate is 8.8%. A feasibility site plan has been prepared for the potential construction of a new building on the site.

The property is located within sight of Exit 5 - I-84 on and off exit ramps in a new growth area at North Main St. in downtown Danbury, CT. The property is in the valuable multi-use CG-20 zone. The CG-20 zone allows a multitude of high end and generous uses including office, medical and residential. The property consists of a two-family building built in 1900 that is situated on 0.28 acres of property. There is also a partially refurbished multi-car garage and excellent parking. New privacy fence and upgraded landscaping enhance the exterior of the property. This vintage 1900 building has been recently updated and renovated with a new roof, hardboard siding, insulation, and gutters. The electrical system in the building has been significantly upgraded and a new washer and dryer installed in the basement. The front and rear porch entrances have been completely rebuilt with materials matching the new siding. The adjacent garage has been partially refurbished and upgraded to include heat and air conditioning. Natural gas, Municipal water and sewer service the building. The property is located at the Gateway access via I-84/684 to Eastbound New England and Westbound New York, New Jersey and PA. Metropolitan NY and NJ is only one-hour South. This 1312 s.f. apartment building and multi-car garage contains two floors and a full basement. Pro-forma cap rate is 8.8%. A feasibility site plan has been prepared for the potential construction of a new building on the site.

Read MoreRead Less
  • Additional Information
    • Area Type: Highway Access, Urban
    • Days On Market: 1
    • Living Area SqFt: 1,312
    • Neighborhood: City Center
    • Present Use: Apartment and office
    • Road Frontage Description: Interstate Highway, U.S. Highway, Municipal Street
    • Sewer: Public Sewer Connected
    • Tax Amount: $2,139
    • Tax Year: July 2017-June 2018
    • Type: Commercial For Sale
    • Unit Count: 1
    • Utilities Available: Electric, Gas, Telephone, Cable
    • Year Built: 1900
  • Interior/Exterior Features
    • Air Conditioning: Wall Unit, Window Unit
    • Cooling: Wall Unit, Window Unit
    • Heat: Hot Air, Hot Water
    • Living SqFt Source: Public Records

Listing Courtesy of Advantage Realty, Inc.

Click to view full screen