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Padanaram Portfolio 2 Properties Offered at $1,109,756 CAD in Danbury, CT
EXECUTIVE SUMMARY
Back on Market - Scalzo Commercial & New Development presents for Sale 52-52A Padanaram Road in Danbury, Connecticut. This Mixed-Use property features two buildings on a .5-acre lot in a CN20 zone. The 1,208 SF 3-bedroom single-family home is currently leased for $2,150/month and features new paint, updated kitchen and bathrooms, and refinished flooring. The standalone Retail building is leased to 2 tenants with a monthly income of $3,000. Additional income potential with 1,600 SF storage available on the second floor and a 2,000 SF basement with a garage door.
Danbury, CT, surrounds the property on Padanaram Road. Variety of retail, dining, and entertainment options, including the popular Danbury Fair Mall. Strong local economy and growing population, an attractive opportunity for retail investors.
Danbury, CT, surrounds the property on Padanaram Road. Variety of retail, dining, and entertainment options, including the popular Danbury Fair Mall. Strong local economy and growing population, an attractive opportunity for retail investors.
PROPERTY FACTS
| Price | $1,109,756 CAD | Status | Active |
| Price / SF | $192.00 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 5.17% | Total Building Size | 5,780 SF |
| Sale Type | Investment | Total Land Area | 0.50 AC |
| Price | $1,109,756 CAD |
| Price / SF | $192.00 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 5.17% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,780 SF |
| Total Land Area | 0.50 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 52 Padanaram Rd, Danbury, CT 06811 | Multifamily | 1,880 SF | 1991 | - |
| 52A Padanaram Rd, Danbury, CT 06811 | Retail | 3,900 SF | 1950 | - |
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