16 Old New Milford Rd 2,612 SF 100% Leased Flex Building Brookfield, CT 06804 $1,404,991 CAD ($537.90 CAD/SF)

16 OLD NEW MILFORD ROAD | BROOKFIELD, CT 06804
Owner-User & Redevelopment Opportunity on Brookfield's Route 7 / Federal Road Corridor - Offered at $989,500
West View Properties, LLC is pleased to present 16 Old New Milford Road, a 1.05-acre C-2 (Neighborhood Commercial) property in the heart of Brookfield's Federal Road / Route 7 commercial corridor, just minutes from I-84 and roughly 55 miles northeast of New York City. The offering pairs a flexible, income-capable improvement set with commercially zoned land and public water and sewer in the street - a rare combination that opens multiple paths to value for owner-users, investors, and developers alike.
The site is improved with a 740 SF residence (1 bed / 1 bath), a 1,152 SF oversized detached garage, and a 720 SF workshop - 2,612 SF of total improvements offering live-work, business-and-storage, or value-add flexibility seldom found on commercially zoned land in this market.
PROPERTY HIGHLIGHTS
- Offering Price: $989,500
- Land: 1.05 acres (approx. 45,738 SF), level
- Improvements: 2,612 SF total - 740 SF residence + 1,152 SF garage + 720 SF workshop
- Zoning: C-2, Neighborhood Commercial
- Utilities: Public water and sewer in the street; electric on site
- Year Built: c. 1800 (residence); 1957 (garage/workshop)
- Parcel: Account 03808000 / Map-Lot D13097
- Parking: On-site driveway / yard
- Location: Federal Road / Route 7 corridor, minutes to I-84
A RARE DUAL-PATH OPPORTUNITY
- Owner-User: Ideal for a contractor, tradesperson, or small business seeking office, shop, or residential space alongside 1,872 SF of garage and workshop on commercially zoned land near I-84. Rare live-work and business-and-storage flexibility.
- Income Investor: Lease the residence and flex space for in-place cash flow, or reposition as a small residential-income property in a supply-constrained, high-demand corridor.
- Developer / Land-Bank: Public utilities and C-2 zoning support redevelopment, with state "middle housing" and affordable-housing density pathways offering meaningful upside (buyer to verify).
ZONING & DEVELOPMENT POTENTIAL
C-2 (Neighborhood Commercial) supports a broad range of uses by Zoning Permit, Site Plan, or Special Permit, including professional and business offices (under 5,000 SF), personal service businesses, general retail (under 7,500 SF), artisan/craftsman studios, medical and dental offices, and multi-family dwellings (special permit), per Brookfield Zoning Regulations, Article 4.
- Public water and sewer in the street removes the density limits of septic and supports higher-intensity reuse.
- "Middle housing" under Connecticut HB 8002 may permit 2 to 9 units by summary review on commercially zoned lots (buyer to verify applicability).
- Additional affordable-housing density may be available under CGS 8-30g once the town's moratorium lapses (approx. 2026) (buyer to verify).
At the offering price, the implied land basis is approximately $110,000 to $165,000 per buildable unit at 6 to 9 units. This figure is illustrative only; achievable unit count depends on zoning, utilities, and applicable pathways and must be confirmed by the buyer.
LOCATION & MARKET
Brookfield anchors the Route 7 / Federal Road corridor, the primary retail and commercial spine of greater Danbury, with direct I-84 access and a Costco-anchored retail district nearby. The corridor carries approximately 13,900 to 21,800 vehicles per day.
- Population (5-mile radius): 56,453
- Population growth (town): +2% per year
- Median household income: $148,360 (town) / $128,155 (5-mile radius)
- Adults with a bachelor's degree or higher: 58.3%
- Brookfield home value growth since 2023: +29%
Connecticut's housing market is among the tightest in the nation, underpinning demand for both adaptive reuse and new development:
- Statewide housing vacancy of roughly 0.56%, among the tightest in the U.S.
- Estimated statewide shortage of 120,000+ housing units
- Fairfield County rent growth of roughly 20% to 30% in recent years
- Roughly 40% of Connecticut parcels rely on private septic, making sewered, developable sites increasingly scarce
WHY THIS OFFERING
- Commercially zoned land with public water and sewer already at the street
- Flexible, income-capable improvements supporting immediate owner-user or interim income use
- Multiple redevelopment pathways in a supply-constrained, high-income submarket
- Direct highway access in one of Fairfield County's busiest commercial corridors
DUE DILIGENCE
Property documents are available upon request; an NDA may be required. Buyers are encouraged to independently confirm utilities, zoning, permitted density, and development potential during due diligence. All figures are approximate and provided for informational purposes only; buyer to verify.
OFFERED AT $989,500. For the full offering package or to schedule a tour, contact the West View Properties listing team:
Justin Cabral, B.S. Finance & Investment, 203-217-2326, jcabral@westviewprop.com, RES.0823512
Maura Driscoll, 203-525-0371, mdriscoll@westviewprop.com, RES.0817244
West View Properties, LLC, 1400 Main Street, Suite 3, Watertown, CT 06795, 860-274-7838, westviewprop.com
Information obtained from sources believed reliable but not guaranteed. West View Properties, LLC makes no representation as to its accuracy. This is not an offer; the property is offered subject to prior sale, change, or withdrawal without notice.