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$1,199,999

  • For Sale
  • Active
  • Commercial
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Investors, builders, or business owners looking in Danbury, this one is worth a look. Former restaurant property near the Pembroke/Candlewood Lake area on approx. 1.06 level acres with a large existing building, paved parking, and strong visibility on East Pembroke Road. The property is surrounded by established residential neighborhoods and condo communities making it a strong option for an investor, builder, owner-user, restaurant operator, or someone looking to bring a business back to life. There may also be potential to rezone the property, which could possibly allow for 8-12 garden-style condo or apartment units, subject to City of Danbury approvals. Initial conversations and inquires with Planning & Zoning have been made to better understand what may be possible. Property is being sold as-is.

Full Property Details for 29 E Pembroke Rd

General

  • Price: $1,199,999
  • Taxes: (July 2026-June 2027)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24181511
  • Updated: 9/9/2026
  • Added to Site: 134 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Parking

  • Uncovered Spaces: 70
  • Total Spaces: 70
  • Parking: Paved, Parking Lot

Location

  • County: Fairfield
  • Neighborhood: Candlewood Lake
  • Driving Directions: Hayestown Rd to E Pembroke

Community

  • Community Name: Candlewood Lake

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Zoned, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Electric Available, Gas, Gas Available

Structural Information

  • Roof: Asphalt Shingle
  • Square Feet: 11,859
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Former Restaurant (Vacant)
  • Year Built: 1845

Unit Information

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 1.06
  • Frontage: Municipal Street, Paved Road
  • Present Use: Former Restaurant (Vacant)
  • Potential Use: Redevelopment, Owner-User, Restaurant, Commercial Reuse, Residential Con
  • Zoning: RA-20
  • Lot Description: Corner Lot, Level Lot

Financial Considerations

  • Assessment Amount: $1,005,620
  • Tax Year: July 2026-June 2027

Disclosures and Reports

  • Documents Avail.: Brochure
  • Bank-owned: Yes
  • Property ID: 78645

Listed by Higgins Group Real Estate, The Vanderblue Team at Higgins Group, Gezime Ajro

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Listing agent

— 29 E Pembroke Rd —

  • Gezime Ajro

    Higgins Group Real Estate

Agent Contact: (203) 565-3089 Office Contact: (203) 254-9000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 29 E Pembroke Rd

School District:Danbury School District
NameGradesDistance
Hayestown Avenue School
42 Tamarack Avenue, Danbury, CT 06811
PK-50.4 mi
Broadview Middle School
72 Hospital Avenue, Danbury, CT 06810
6-81.2 mi
Danbury High School
43 Clapboard Ridge Road, Danbury, CT 06811
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 29 E Pembroke Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,199,999
-36.84%
MLS
9/30/2015
Sold
$1,900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 29 E Pembroke Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,130
2%
$1,005,620
—
2023
$24,577
5%
$1,005,620
—
2023
$23,461
3%
$1,005,620
24%
2022
$22,853
2%
$809,800
—
2021
$22,350
—
$809,800
—
2020
$22,350
—
$809,800
—
2019
$22,350
—
$809,800
—
2018
$22,350
12%
$809,800
18%
2017
$19,915
4%
$687,900
3%
2016
$19,127
1%
$666,900
—
2015
$18,847
2%
$666,900
—
2014
$18,406
3%
$666,900
—
2011
$17,873
—
$666,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Higgins Group Real Estate, The Vanderblue Team at Higgins Group, Gezime Ajro

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29 East Pembroke Road, Danbury, CT 06811 (MLS# 24181511) is a Commercial property. 29 East Pembroke Road is currently listed for $1,199,999 and was received on June 19, 2026. Want to learn more about 29 East Pembroke Road? Do you have questions about finding other Commercial real estate for sale in Danbury? You can browse all Danbury real estate or contact a Coldwell Banker agent to request more information.

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