5 Riverside Road, Sandy HookNewtown, CT 06482MLS Number 170329011

  • Price: $339,900
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Federal 30-year interest rate: 2.81% last updated on Feb 18, 2021
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  • 0.95Acreage
  • 1900Year Built
  • 2,894Square Feet

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Brand New Roof! Great investment opportunity! Now is the time to own your own office and or retail building in Sandy Hook Center! This perfect size building is 2,948 square feet. The building is currently in use as a wellness center. The first floor has a waiting room, business office, snack station, 4-wellness rooms and 2-half bathrooms. The second floor has a reception area, large open yoga space, relaxation area, two wellness rooms and a half bathroom. The paved parking lot has 14 spaces. There is an additional 1,629 square feet of storage is available in the basement. See The Sandy Hook Design District information for all the investment possibilities! This property is also listed as a residential listing-MLS-170329008. The right investor possibilities could turn this into four apartments! It has the parking and is walk to Sandy Hook Center! Buyer would need to do diligence with town. Anyone viewing the property must make an appointment.
Listed by Jacqueline Himmelfarb of William Raveis Real Estate

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More Info

Basic Information

  • Broker NameWilliam Raveis Real Estate
  • List Price$339,900
  • MLS Number170329011
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNewtown
  • Virtual TourView Tour
  • Gross annual income$30,000
  • Commercial catagoryInvestment, Office, Residential Income, Retail
  • Also for leaseNo
  • MLS StatusActive

Interior

  • Handicap FeaturesRamps
  • Interior featuresPublic Restrooms

Exterior

  • Exterior featuresDoor Sign, Gutters, Lighting

Utilities

  • Heat SystemBaseboard, Zoned
  • Heating FuelElectric
  • Utilities availableElectric, Telephone, Phone Available, Cable, Cable Available
  • Water sourcePublic Water In Street, Private Well
  • Cooling SystemWall Unit
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Sewer usage fee annual938

Tax Information

  • Assessed value$279,560
  • Taxes$9,718
  • Tax YearJuly 2020-June 2021
  • Milrate base34
  • Milrate total34.76

Building

  • FoundationConcrete
  • RoofFiberglass Shingle
  • Year Built1900
  • Building ConstructionFrame, Concrete
  • AtticNo
  • Garage Spaces
  • FlooringTile, Vinyl, Wall-to-Wall Carpet
  • Ceiling height9
  • Garage Parking InfoPaved, Parking Lot
  • Square Feet2,894
  • Restrooms number of3
  • Sqft office1719
  • Sqft retail1100
  • Stories2
  • Additional space availableYes

Basic Information

  • Agent ID13879,

Location

  • CountyFairfield
  • LocationHighway Access, Suburban
  • NeighborhoodSandy Hook
  • StateCT
  • Zip06482

Property

  • Acreage0.95
  • Lot DescriptionDry, Level Lot, Sloping Lot, Treed
  • Parking Spaces14
  • Parking spaces covered
  • Parking spaces uncovered14
  • Parking spaces per 1000sqft4
  • FloodzoneNo
  • Business includedNo
  • Road Frontage45
  • Road Frontage DescriptionMunicipal Street, Paved Road
  • SwimmingpoolNo

Amenities

  • UsmAmenitiesBasement

Auction

  • Bank owned propertyNo

Other

  • Documents AvailableLead Disclosure, Other
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableYes
  • Space is leasedNo
  • Present useOffice & Retail
  • Potential useResidential-SSHD Attachment
Sotheby's International Realty | William Pitt
Sotheby's International Realty | William Pitt
Office: 203-796-7700
112 Federal Road
Danbury, CT 06811

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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