Serving Fairfield County for over 25 years
Bob Budnik
203-889-9101203-889-9101

64 West Street, Danbury, CT 06810 (MLS # 99088441)

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PRICE $1,595,000
SIZE 13,896 sq ft
LOT SIZE 34,848 sqft

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.

DAYS ON MARKET 517 LAST UPDATED 7/2/2018
YEAR BUILT 1898 COMMUNITY N/A
COUNTY Fairfield TOTAL PARKING 38
STATUS Active PROPERTY TYPE(S) Commercial For Sale


ADDITIONAL DETAILS
ASSESSED VALUE 675100
COMMERCIAL CATAGORY Investment, Office
CONSTRUCTION DESCRIPTION Block, Frame
COOLING SYSTEM Heat Pump, Zoned
ELECTIC AMPERAGE 200
ELECTIC VOLTS 220
EXTERIOR FEATURES Gutters, Pole Sign
FLOOD ZONE YN 0
FLOORING Ceramic Tile, Tile, Vinyl, Wall-to-Wall Carpet, Wood
FOUNDATION TYPE Concrete, Stone
GROSS ANNUAL EXPENSE 0
GROSS ANNUAL INCOME 0
HEAT FUEL TYPE Oil
HEAT TYPE Heat Pump, Radiator, Zoned
INTERIOR FEATURES Fire Suppression System, Security System
LOT DESCRIPTION Corner Lot, Level Lot, Sloping Lot
PARKING SPACES UNCOVERED 38
PROPERTY TAX 18661
PROPERTY TYPE Commercial For Sale
ROAD FRONTAGE DESCRIPTION Municipal Street, Paved Road
ROOF INFORMATION Asphalt Shingle, Built Up
SEWAGE SYSTEM Public Sewer Connected
SQ FT INDUSTRIAL 0
SQ FT RETAIL 0
SQ FT SOURCE Approximate
SUBDIVIDABLE YNU Yes
TAX YEAR July 2018-June 2019
TENANTS NUMBER OF 1
UTILITIES AVAILABLE Cable, Electric Available, Gas Available, Phone Available
WATER SOURCE Public Water Connected

ZESTIMATE
  64 West Street, Danbury, CT

RENT ZESTIMATE
  64 West Street, Danbury, CT

81 Very Walkable



 
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Listed with Advantage Realty, Inc.
Information Deemed Reliable But Not Guaranteed.
Data last updated: 12/9/18 8:54 PM PST