Listed by Scalzo Commercial & New Development
$795,000
52 Padanaram Rd
Details
APN DANB-000010H-000000-000002
Property Type Mixed Use, Retail
Sub Type Freestanding
Square Footage 5,060
Cap Rate 5.17%
NOI $41,100
Tenancy Multi
Class C
Year Built 1991
Buildings 2
Stories 2
Acreage 0.500
Zoning CN-20
Parking Spaces 5 spaces
Parking per 1,000 SqFt 0.99
Investment Type Stabilized
Ground Lease No
Mixed Use | 7.00% CAP | 5,060 SqFt
Marketing 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.
Listing Contacts
Listed by Scalzo Commercial & New Development
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,100.00
$3,425.00/mo
Valuation Metrics
0
DSCR
5.17%
Cap Rate
5.17%
ROI
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