641 Danbury Road

Office for Sale
Catylist Listing ID: 30296708
Property Subtypes: Executive Suites, Mixed Use, Flex Space, Net Leased, Office Building
Condo? Yes
Building Size (RSF): 12,288 SF
Gross Land Area: 1 Acre
Sale Price: $1,150,000
Property Use Type: Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 9,830 SF
Core Factor: 25%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/20/2019

Overview / Comments

Located on the highly trafficked Route 7 corridor between Ridgefield, CT and Danbury, CT, this office building has easy access to I-84 and Danbury Airport. The building’s location offers easy access to Southern and Fairfield counties as well as NY via I-684. The building has 5 units and is ideal for an owner/user that wants to get rent from additional tenants. The space is a perfect fit for any professional or medical offices uses.

The building at 12,288 s.f. the building has two stories with elevator access. Each floor has common areas with bathrooms that service the various units. There is full HVAC, forced hot air gas heat, plenty of great windows providing natural light, on site management to handle tenant needs. The property has 16 executive parking spaces located under the building, an additional 31 common parking spaces, and 4 handicap spaces.

The entire second floor is currently occupied by the owners. The first floor has four units available for lease as follows:

- Unit 1: 1,524 SF at $14.75 PSF Gross
- Unit 2: 1,649 SF at $14.75 PSF Gross
- Unit 3: 2,137 SF at $14.75 PSF Gross
- Unit 3A: 1,433 SF at $14.75 PSF Gross

This well-maintained office property is for sale at $1,150,000. Call Chris Cosio and Michael Struna at 203-798-9345 to discuss your office needs today!

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $25,680 (Annual)
Tax Value Personal Property $943,780
Assessed Value - Total($) $943,780 (Annual)

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Tax ID/APN: G09-0500
Is Condo?: Yes
Property Located Between: On Route 7 between I-84 and Route 35
Property Visibility: Excellent
Highway Access: Access to I-84 via Route 7 North and I-95 via Route 7 South
Airports: Danbury Municipal
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,100 SF
Year Built: 1990
Year Renovated: 2002
Roof Type: Gable
Construction/Siding: Vinyl Siding, Wood Frame
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: 16 Executive Parking spaces under the building and an additional 31 Common spaces, and 4 handicap spaces
Total Parking Spaces: 51
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: B-2 Business district
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,342 23,406 80,195
Median Age: 53.48 42.99 40.28
Households: 460 8,706 29,709

Contact

Photograph of Listing Agent

Chris Cosio

Advantage Realty Commercial
Not a member of CTCList
Photograph of Listing Agent

Joseph Michael Struna

Advantage Realty Commercial
CTCList Member
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