48 Kent RoadNew Milford, CT 06776MLS Number 170322483

  • Price: $449,500
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Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
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48 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 0677648 Kent New Milford CT 06776
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  • 1.29Acreage
  • 1966Year Built
  • 5,750Square Feet

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Newly listed, hard to find retail building for sale! This small retail strip is owned by the operators of New Milford's long-standing restaurant/bar, S. J. Barrington's Cafe. The owners are selling the restaurant along with the entire 5,750 s.f. building which has three additional units. Two units are occupied by long-term tenants and the third unit is currently vacant. Both tenants are month-to-month which provides great flexibility to buyers who want to secure the tenants long-term or reconfigure the spaces for their own use. This is a fantastic opportunity for an owner/user who can use additional rental income or an investor who can attract tenants to a great location for an income-producing property. 48 Kent Road is in a great location directly on Route 7 with visibility to over 12,000 cars on average per day. The property is minutes from the Big Y shopping center and New Milford Green, while having easy access to all New Milford, Kent, and Brookfield. The property is zoned B-1 which allows for many retail service-based uses. The property is being sold for $449,500 with yearly taxes of $10,105. The building provides many opportunities for any buyer. Call
Listed by Chris Cosio and Michael Struna of Advantage Realty, Inc.

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More Info

Basic Information

  • Broker NameAdvantage Realty, Inc.
  • List Price$449,500
  • MLS Number170322483
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew Milford
  • Virtual TourView Tour
  • Commercial catagoryInvestment, Retail
  • ColistofficenameAdvantage Realty, Inc.
  • Also for leaseNo
  • MLS StatusActive

Utilities

  • Heat SystemHeat Pump
  • Heating FuelNatural Gas
  • Utilities availableElectric, Phone Available, Cable
  • Water sourcePrivate Well
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$352,240
  • Taxes$10,102
  • Tax YearJuly 2020-June 2021
  • Milrate base28
  • Milrate total28.68

Building

  • FoundationConcrete
  • RoofTar/Gravel
  • Year Built1966
  • Building ConstructionMasonry
  • AtticNo
  • Garage Spaces
  • Garage Parking InfoPaved
  • Square Feet5,750
  • Sqft retail5750
  • Additional space availableNo

Other

  • Documents AvailableOther, None
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Traffic count12500
  • Space is leasedNo
  • Present useRestaurants and Retail
  • Potential useAny Retail
  • View Count1

Basic Information

  • Agent ID23043, B4573

Location

  • CountyLitchfield
  • LocationHighway Access
  • StateCT
  • Zip06776

Property

  • Acreage1.29
  • Lot DescriptionLevel Lot
  • Parking Spaces50
  • Parking spaces covered
  • Parking spaces uncovered50
  • Parking spaces per 1000sqft
  • FloodzoneYes
  • Business includedYes
  • Road Frontage115
  • Road Frontage DescriptionState Road
  • SwimmingpoolNo

Auction

  • Bank owned propertyNo
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

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