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$640,000

  • Sold
  • Closed
  • Commercial
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Village Center Jewel! Looking for a flexible, high-potential investment opportunity? Don't let this one pass you by. This well-maintained and updated mixed-use commercial/residential building is located in the highly flexible Village Center (VC) Zone of downtown New Milford and is ready now for immediate occupancy. The upper-level features two residential apartments, each offering 1 bedroom, 1 full bath, and 864 sq ft of living space. The main level is currently configured as three private office spaces with a shared conference room and a kitchen/break room, ideal for professional or co-working uses. The basement level is fully rented for storage, adding steady supplemental income. A massive walk-up attic provides an incredible value-add opportunity-perfect for creating a third and even fourth residential apartment, pending approvals. Outside, the expansive rear parking lot easily accommodates ample parking for both residents and commercial tenants. Located in the vibrant heart of New Milford's Village Center, this property offers myriad uses and exceptional flexibility-a perfect fit for the savvy investor looking to begin or expand their portfolio.

Full Property Details for 14 Elm St

General

  • Sold For: $640,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24140495
  • Added to Site: 173 day(s) ago

Interior

  • Interior Features: Living Space Available, Security System
  • Flooring: Vinyl, Wall-To-Wall Carpet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Restrooms: 3

Exterior

  • Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign

Parking

  • Uncovered Spaces: 14
  • Total Spaces: 14
  • Parking: Paved, Parking Lot, Off Street Parking

Location

  • County: Litchfield
  • Driving Directions: Main or East Street to Elm Street to #14

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Telephone, Cable

Structural Information

  • Roof: Asphalt Shingle
  • Disability Access: Exterior Curb Cuts, Handicap Parking, Hard/Low Nap Floors
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 3,456
  • Sq. Ft. Source: Public Records
  • Living Area: 1,728 Sq. Ft.
  • Current Bldg. Use: Residential & Commercial
  • Office: 1,728 Sq. Ft.
  • Warehouse: 2,752 Sq. Ft.
  • Year Built: 1800

Unit Information

  • # Tenants: 4

Unit 1

  • Unit Description: 1 Bedroom
  • Square Feet: 864
  • Total Bathrooms: 1

Unit 2

  • Unit Description: 1 Bedroom
  • Square Feet: 864
  • Total Bathrooms: 1

Unit 3

  • Unit Description: Office
  • Square Feet: 178

Unit 4

  • Unit Description: Office
  • Square Feet: 475

Unit 5

  • Unit Description: Office
  • Square Feet: 475

Unit 6

  • Unit Description: Office
  • Square Feet: 1,728

Unit 7

  • Unit Description: Office
  • Square Feet: 600
  • Full Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.29
  • Frontage: Municipal Street, Paved Road
  • Frontage Feet: 73
  • Present Use: Residential & Commercial
  • Potential Use: VC Zone
  • Zoning: VC
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $270,330
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1873986

Meet the listing and selling agents

Meet the listing and selling agents
— 14 Elm St —

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 14 Elm St

School District:New Milford School District
NameGradesDistance
Sarah Noble Intermediate School
25 Sunny Valley Road, New Milford, CT 06776
3-51.2 mi
Northville Elementary School, New Milford, CT
22 Hipp Road, New Milford, CT 06776
K-22.7 mi
Schaghticoke Middle School
23 Hipp Road, New Milford, CT 06776
6-82.9 mi
New Milford High School, New Milford, CT
388 Danbury Road, New Milford, CT 06776
9-123.8 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 14 Elm St

Date
Details
Price
Change
Source
4/30/2026
Sold
$640,000
0.02%
MLS
11/17/2025
Listed
$639,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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14 Elm Street, New Milford, CT 06776 (MLS# 24140495) is a Commercial property that was sold at $640,000 on April 30, 2026. This property was listed by Todd P Sargent from our New Milford Office.Want to learn more about 14 Elm Street? Do you have questions about finding other Commercial real estate for sale in New Milford? You can browse all New Milford real estate or contact a Coldwell Banker agent to request more information.