64 66 West Street is a $1,595,000, 13,896 square foot home on a 0.80 acre lot located in Danbury, CT.
This investments property is located at 64-66 West Street and is now available for sale at $1,595,000. Nice renovations have been completed on both properties. 64 West Street is occupied by two "AAA credit tenants". One lease is guaranteed by the Mormon Church and the second lease is guaranteed by the Catholic Church. The 5108 s.f. office building is currently home to a Psychiatric counseling practice and has one 2500 s.f. space available for lease with an estimate net rent of $25,000 / year. The estimated combined income of the two buildings in 2018 will be $184,101 per year with expenses of $16,000 per year yielding a Cap Rate of 10.54% The combined site plan for 64-66 West Street has be totally updated with new paving, new sidewalks, new drainage, and all new landscaping. The buildings are located on West Street in a revitalized area with many new buildings and located only minutes from Danbury City Hall. Total of 13,538 s.f.
Fire Suppression System
Heat Fuel Type - Oil
On Street Parking
Documents Available - Brochure
Documents Available - Plot Plan/Survey
Encumbrances Restrictions - Easements
Lot Description - Corner Lot
Lot Description - Level Lot
Lot Description - Sloping Lot
Public Water Connected
Public Sewer Connected
Commercial For Sale
Based on information from Smart MLS, last updated 09/19/2018 at 06:59am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.