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235 Danbury RoadWilton, CT 06897Price: $574,900

  • Price: $574,900
  • Est. Mortgage of $/month
  • 100 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 5.25% last updated on May 19, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $574,900List Price
  • 1Bedrooms
  • 2Bathrooms
  • 0.24Acreage
  • 2,024Square Feet

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Welcome to one of Wilton's rare multi-family or commercial finds! This four unit retail storefront is located on Danbury Road with tens of thousands of cars passing by each day. It's located close to downtown, and quick access to the Merritt Parkway and I-95. There is the possibility of retail, business, office and residential uses. The four units include a retail space currently used as a salon ($2500), a smaller space currently used as a nail salon ($250), a 1 bedroom apartment ($1000), and a studio apartment ($850). Gross rent is now $55,200 with potential for this to increase substantially. Rents for the apartments are well under market value. All currently fully rented, there is a huge cash-flow for this building. They are all in excellent condition and well-maintained by the current owner. There is central air throughout the building, and all mechanicals are in the dry basement as well as laundry and space for plenty of storage. There are 15 parking spaces for tenants and retail customers. All utilities are paid by current landlord.

Property Details of 235 Danbury Road

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Listed by Joe Balestriere of William Raveis Real Estate

The data relating to real estate for sale on this website appears in part through the SmartMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SmartMLS through a licensing agreement. Listing information is from various brokers who participate in the SmartMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc.

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