Special offer

Just Listed-Potential Mixed Use Property in Danbury,CT

By
Real Estate Agent with William Pitt Sotheby's International Realty CT RES.0783448

I am pleased to announce to the availabilty of 62 Franklin Street in Danbury,CT

This is one of the most unique investment opportunities in Greater Danbury. The property has 2 residential apartments, plus the main level has been used for a dental practice for the last 40 years. The main level has a ton of potential. The city will allow the space to be continue as a professional space (for example attorney, small doctor/dental office, real estate brokerage, insurance agency) on the main level-no retail, food or salon permitted. The seller did recently obtain city approval to convert the main level, using the existing footprint, into a 2 bedroom 1.5 bath residential apartment with a bonus room (floor plan available).  This space has gas heat and central air. Buyer is to be perform their diligence. 

The second floor apartment is spacious in good condition by long-term tenant. It has 2 bedrooms and 1 bath. There are hardwood floors, in-unit laundry and gas heat. The 3rd apartment is a 1 bedroom, 1 bath with a good closest space, and has electric heat.

The property has a 2 car garage, plus 4 parking spots.  The property is set midway between city center Danbury and the West Side. Easy access to highway and services. Additional street parking in front of the building, and it is across from 'Franklin Green'. Due to overall conditional, a cash purchase is preferred. It is good candidate for a rehab loan, or 1031 exchange. Owner may consider seller provided financing.  Sold as-is by long term owner. Contact agent for many important details. 

Click here to see more details, and contact me if you have any questions at 203-417-0523 or JonathanHallRealEstate@Gmail.Com


Post last updated 4/24//2024

Posted by

Jonathan Hall-Realtor Serving Greater Danbury & Candlewood Lake with William Pitt Sotheby's International Realty
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This information is provided by Jonathan Hall,Realtor  with William Pitt Sotheby's International Realty in the Greater Danbury & Candlewood Region of CT. For additional information, please call him at 203-417-0523,203-796-7700X305 or email me at danburyrealestate@gmail.com . Unless indicated, all content is the property of Jonathan Hall. If you would like to use any of this information, please contact me for permission. He is a licensed CT Salesperson License #RES.0783448 with William Pitt Real Estate LLC License # REB.0751698. His office is located at 112 Federal Road,Danbury CT 06811.

June Piper-Brandon
Coldwell Banker Realty - Columbia, MD
Creating Generational Wealth Through Homeownership

Congratulations on your new listing, I am sure it won't be on the market long.

Apr 24, 2024 07:56 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Congratulations on your new listing.  Nice house and nice job with your presentation.
Apr 25, 2024 04:31 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Congratulations on the new listing. It looks to be an outstanding opportunity for a shrewd professional.

Apr 25, 2024 08:07 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and thank you for sharing your new listing with us here in the Rain.  Have a great day!

Apr 25, 2024 08:26 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Jonathan Hall a mixed-use property offers many options.  Congratulations on this listing.

Apr 25, 2024 10:53 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Congratulations on your listing Jonathan. Wishing you well with the marketing of this beautiful home & I hope it sells quickly for you!

 

Apr 29, 2024 11:34 AM