162 Danbury Road

Office for Sale
Catylist Listing ID: 30319238
Property Subtypes: Office Building
Building Size (RSF): 9,453 SF
Gross Land Area: 0.83 Acres
Sale Price: $2,275,000
Unit Price: $240.66 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 55
Last Updated: 7/23/2021

Overview / Comments

Signature building in downtown Ridgefield - Copps Hill area. The property is perfect for an owner-occupant with the whole 2nd floor available. Additional space is available on the 1st floor. Preliminary drawings have been made showing a conversion of the 2nd floor to apartments.

The building is elevator-served and has 40 parking spaces, 11 of which are covered. Units are COVID-19 ready with opening windows and dedicated HVAC.

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Tax ID/APN: E13-0177
Zoning: B-2
Property Visibility: Excellent
Highway Access: Located on state route 35, I-84 is 6 miles north of the site
Airports: Danbury Municipal
Area Description: Central Ridgefield - Copps Hill area, close to shops and restaurants with easy access north to I-84/Danbury
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 4,000 SF
Roof Type: Gable
Construction/Siding: Wood Shingle
Exterior Description: Shingle-style commercial
Parking Ratio: 3.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Mix of at grade and under building parking
Total Parking Spaces: 40
Passenger Elevators: 1
Zoning Description: B-2 - Business zone does not allow retail other than ancillary
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,187 23,282 51,022
Median Age: 44.42 43.74 43.6
Households: 1,484 8,376 18,707
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