278 Main Street - Danbury

Retail-Commercial for Lease
Catylist Listing ID: 30614302
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 5,385 SF
Gross Building Area: 5,385 SF
Lease Rate: $17 PSF (Annual)
Base Monthly Rent: $7,628
Lease Types: Gross Lease
In Opportunity Zone? Yes
Last Updated: 9/15/2020

Overview / Comments

This property is currently home to the well-known bar and nightclub "Sabrosura". The property is located in the heart of Danbury’s vibrant City Center and the downtown Dining and Entertainment District. The building is included in an area which is the beneficiary of over $100 Million in recent real estate investments. The revitalization of downtown Danbury includes the 365-unit apartment complex Kennedy Flats, several restaurants, cafes, and other office and business related investments. Don't miss the chance to become a part of this excitement.

The City Center District is continuing to see growth with approved plans for more residential development on the previous News Times property. Additional investment opportunities will be spurred by the downtown area being designated as an “Opportunity Zone” by the Federal Government. See the enclosed link for more information on this incentive program. In addition, The Naugatuck Community College is growing its presence in the area and Western Connecticut State University is just a short walk away. This property is truly a great downtown Danbury location with access to all of these amenities.

The restaurant sits directly across from the Danbury Post Office and a few steps from the nearby skating rink, Danbury Public Library, several local and regional banks and other entertainment venues. Abundant parking is conveniently provided nearby in the form of two substantial public parking garages. The property is also in proximity to the Danbury Courthouse, Danbury City Hall, and the Metro-North Railway station.

The building has 5,385 s.f of restaurant space with a large dining room, a wraparound bar with high top seating, and a full kitchen with large walk-in fridge. Please call us to discuss for greater details on the business and furnishings.

The property is only minutes to Exit 5 off I-84 - close to New York state line.
With great interstate access, it also easily accessible Ridgefield, Brewster, Brookfield, New Milford, Bethel, and New Fairfield.

The space is available for immediate occupancy at $17/sf gross. The business and all interior furnishings / equipment are for sale separately at $149,900. (Seed Money) to make this opportunity turnkey. Please call Chris Cosio for more details and to setup a tour today! For confidentiality purposes please schedule all tours and only discuss the business by calling Chris Cosio at 203-524-8635

Expand All Available Space

Suite: 1 5,385 SF $17 PSF (Annual) Gross Lease
Space Available: 5,385 SF
Lease Rate: $17 PSF (Annual)
$7,628 (Monthly)
Lease Type: Gross Lease
Date Available: 5/1/2019
Lease Term: 60 Months
Space Type: Relet
Rent Escalators Step-Up Lease
Rent Escalators Description 3% per year.

Additional Details

Nearest MSA: Bridgeport-Stamford-Norwalk
County: Fairfield
Taxing Authority: City of Danbury
Tax ID/APN: I14011
Retail Clientele: General, Family, Business
Property Located Between: On Main Street between White Street and West Street
Property Visibility: Excellent
Largest Nearby Street: White Street
Feet of Frontage: 48
Highway Access: The property is convenient to Exit 5 off I-84 - close to New York state line, Ridgefield, Brewster, New Fairfield. Also easy access to lower Fairfield County and the Metro NY area via the Metro-North rail service to NYC.
Airports: Danbury Municipal
Area Description: This restaurant space is located on Main St. in the heart of Danbury’s vibrant City Center District. The building is surrounded and only steps from over $100 Million recent investments revitalizing downtown Danbury including the Kennedy Flats apartment complex, restaurants, cafes, and other office/business related buildings. Directly across from the Post Office and a few steps from the nearby skating rink, library, several banks and entertainment venues. Conveniently located near substantial public parking, the Danbury Courthouse, Town Hall, and the Metro-North Railway station. This is truly a great downtown Danbury location.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1961
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Other
Parking Description: Parking can be found on Main Street along with a few parking garages within walking distance.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Central Business District
Lot Frontage: 48 Feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,505 81,692 122,112
Median Age: 32.31 36.39 38.68
Households: 9,025 29,391 43,961


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