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40 Park Ln
New Milford, CT 06776
Retail Property For Sale
EXECUTIVE SUMMARY
Great opportunity! Purchase this commercial property with significant road frontage on State Road 202/Park Lane and reinvigorate an existing dry-cleaning business, repurpose the existing building, or redevelop the site. Almost a half-acre of land to make your plans a reality. There are several "As of Right" uses in the B-1 zone (subject to site plan approval). These include but are not limited to: Business and Professional Offices, Banks, Retail Shops Offering Goods and/or Services, Various Food Uses including Restaurants, etc. Other successful business ventures adjacent to and across the road from this property make this a potential winner! Dry-cleaning business is currently a drop-off location only. No cleaning in being done on site at this time. See potential uses listed in the B1 Zoning Code for New Milford in the attachments.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,777 SF
Building Class
C
Year Built
1930
Price
$299,000
Price Per SF
$168.26
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.43 AC
Zoning
B2 - Commercial Business
Parking
10 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
PROPERTY TAXES
| Parcel Number | 43 1 11 | Improvements Assessment | $52,080 |
| Land Assessment | $74,290 | Total Assessment | $126,370 |
PROPERTY TAXES
Parcel Number
43 1 11
Land Assessment
$74,290
Improvements Assessment
$52,080
Total Assessment
$126,370
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