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64-66 West Street, Danbury, CT 06810

$1,595,000

  • For Sale
  • Active
  • Commercial
64-66 West Street, Danbury, CT 06810View this property at 64-66 West Street, Danbury, CT 06810
64-66 West StreetDanburyCT06810
Property Description
This investments property is located at 64-66 West Street and is now available for sale at $1,595,000. Nice renovations have been completed on both properties. 64 West Street is occupied by two "AAA credit tenants". One lease is guaranteed by the Mormon Church and the second lease is guaranteed by the Catholic Church. The 5108 s.f. office building is currently home to a Psychiatric counseling practice and has one 2500 s.f. space available for lease with an estimate net rent of $25,000 / year. The estimated combined income of the two buildings in 2018 will be $184,101 per year with expenses of $16,000 per year yielding a Cap Rate of 10.54% The combined site plan for 64-66 West Street has be totally updated with new paving, new sidewalks,
new drainage, and all new landscaping. The buildings are located on West Street in a revitalized area with many new buildings and located only minutes from Danbury City Hall. Total of 13,538 s.f.

Full Property Details for 64-66 W St

General

  • Price: $1,595,000
  • Taxes: $18,661 (July 2018-June 2019)
  • Status: Active
  • Type: Commercial
  • MLS ID: 99088441
  • Updated: 7/2/2018
  • Added: 1, 335 day(s) ago

Business

  • Business Type: Investment, Office

Interior

  • Interior Features: Fire Suppression System, Security System
  • Flooring: Ceramic Tile, Tile, Vinyl, Wall-To-Wall Carpet, Wood

Exterior

  • Exterior Features: Gutters, Pole Sign
  • Color: WHITE

Parking

  • Uncovered Spaces: 38
  • Total Spaces: 38
  • Parking: Paved, On Street Parking, Parking Lot
  • Garage Description: Paved, On Street Parking, Parking Lot

Location

  • County: Fairfield
  • Driving Directions: Main Street To West Street Or Exit 4 - I-84 Lake Ave To West
  • Location Details: Downtown

Heating & Cooling

  • Cooling Type: Heat Pump, Zoned
  • Heating Type: Heat Pump, Radiator, Zoned, Oil
  • Heating Fuel: Oil

Utilities

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

Structural Information

  • Exterior Const.: Frame, Block
  • Roof: Asphalt Shingle, Built Up
  • Amps: 200
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 13,896
  • Sq. Ft. Source: Approximate
  • Current Bldg. Use: OFFICES
  • Year Built: 1898

Unit Information

  • Units in Complex: 1
  • # Tenants: 1

Lot Features

  • Lot Size (Acres): 0.8
  • Frontage: Municipal Street, Paved Road
  • Street/Road Desc.: Municipal Street, Paved Road
  • Present Use: OFFICES
  • Zoning: CL-10
  • Lot Description: Corner Lot, Level Lot, Sloping Lot

Financial Considerations

  • Assessment Amount: $675,100
  • Tax Amount: $18,661
  • Tax Year: July 2018-June 2019

Disclosures and Reports

  • Documents Avail.: Brochure, Plot Plan/Survey
  • Property ID: 80252

Listed by Advantage Realty, Inc., Michael Struna and Advantage Realty, Inc., Chris Cosio

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Schools

Schools serving 64-66 W St

School District:Danbury School District
Score
Name
Grades
Distance
5
82 Park Ave, Danbury, CT 06810
K-5
0.5 mi
3
21 Memorial Dr, Danbury, CT 06810
6-8
1 mi
4
43 Clapboard Ridge Road, Danbury, CT 06811
9-12
1.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 64-66 W St Get Price Alerts

Date
Details
Price
Change
Source
12/21/2014
Listed
$1,595,000
MLS
Disclaimer: Historical sales and 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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Community Info

Community Info for 64-66 W St

Listed by Advantage Realty, Inc., Michael Struna and Advantage Realty, Inc., Chris Cosio

64-66 West Street, Danbury, CT 06810 (MLS# 99088441) is a Commercial property. 64-66 West Street is currently listed for $1,595,000 and was received on December 21, 2014. Want to learn more about 64-66 West Street? 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.