Padanaram Portfolio

Highlights

• 52-52A - Selling both pieces for $795,000
• 1,208 SF single-family home - Leased 3-bedroom with full basement
• Sale Type: Investment or Owner User
• Investment opportunity
• Owner user potential
• High-visibility location

Description

Back on Market - Scalzo Commercial & New Development presents for Sale 52-52A Padanaram Road in Danbury, Connecticut. This Mixed-Use property features two buildings on a .5-acre lot in a CN20 zone. The 1,208 SF 3-bedroom single-family home is currently leased for $2,150/month and features new paint, updated kitchen and bathrooms, and refinished flooring. The standalone Retail building is leased to 2 tenants with a monthly income of $3,000. Additional income potential with 1,600 SF storage available on the second floor and a 2,000 SF basement with a garage door.

Danbury, CT, surrounds the property on Padanaram Road. Variety of retail, dining, and entertainment options, including the popular Danbury Fair Mall. Strong local economy and growing population, an attractive opportunity for retail investors.

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