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'298 White St, Danbury, CT 06810
   
298 White St, Danbury, CT 06810
7,519 Sqft

$724,900
14 Days on Market

New to the market. fantastic retail investment opportunity well located in central danbury. 298 white street is a fully occupied 7,519 s.f. retail-based investment property. the property is located just minutes from i-84 at exit 5 and near the intersections of federal road, triangle street, white street and newtown road. the traffic counts are excellent with approximately 20,000 cars per day going past this property. the existing long-term tenants consist of a doggy daycare (furry friends day care and boarding), a pawn shop (a nice pawn shop), and a dry cleaners (friendly cleaners). the 7,519 two story building has access on two streets with ground level access and parking spaces available on both sides of the property. this retail investment is being offered at $724,900 with a projected net operation income this year (2019) of $67,096. note the building is being sold “as is” and there are some deferred maintenance items with a credit of $50,000 provided at closing to help defray cost of those maintenance items. please call the broker to discuss this investment today!

298 White St, Danbury, CT 06810

Details
3 Units | 0.35 Acres | Built in 1951

Sqft
7519 Total Sqft | 7519 Sqft of Retail

Parking
0 Total Spaces

Location
76 Frontage | TOWN

Business

Financials
$92,100 Gross Income | $67,096 Net Income | $25,004 Expenses

Utilities
Heap Pump  | Central Air  | Public Water

Taxes
$560,900 Assessment | 27.60 Mill Rate | $15,481 Taxes

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Listing Agent
Advantage Realty, Inc. | Chris Cosio | (203) 524-8635

This real estate listing for sale at 298 White St is presently used as with 7519 total sqft and was built in 1951. It is located in the Danbury, CT area with the 06810 zip code. For more info about the property at 298 White St, Danbury, CT 06810 or if you would like to schedule a showing, please contact the listing agent above.

Data sourced from CT_SMARTMLS and was updated December 15, 2019.

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