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21 Furnace St

4,150 SF 100% Leased Retail Building Danielson, CT 06239 $500,000 ($120/SF) 6.66% Cap Rate

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Investment Highlights

Top Floor Space Available for Rent in Downtown Danielson at 21 Furnace Street
Extremely Low Operating Costs – Gas Fueled Central Air, Low Mill Rate

Perfect Owner Occupant Opportunity – Lower Level Unit Provides Day One Cash Flow
Stunning Woodwork Throughout, 16ft High Ceilings, New Windows

Executive Summary

FOR SALE OR FOR LEASE. Retail Building Available Now Directly in Downtown Danielson, CT. Perfect Owner Occupant Purchase Opportunity! Occupy One Space and Additional Tenant will Cover your Expenses. Excellent Location – Directly in the Heart of Downtown Danielson with Extremely High Year Round Vehicle and Foot Traffic Count. Current Tenants at Below Market Rents with Upcoming Renewals. Building Features a Large Reception Area along with Front, Side and Rear Entrances, a Private Loft Office, Secret Bookcase Maintenance Closet, Full Bathroom with Shower, and Easy Access to Plenty of Free Public Parking (70+ Spaces). Building Features a Unique Design and Beautiful Woodwork Inside and Out – One of the Most Famous and Popular Commercial Retail Buildings in all of Connecticut! Zoned Central Business District (CBD) – This is the Ideal Location for a Dispensary, Liquor Store, Restaurant, Coffee Shop (Dunkin, Starbucks), or Speciality Store.

21 Furnace Offering Memorandum-compressed

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront

Building Size

4,150 SF

Building Class

Year Built

1900

Price

$500,000

Price Per SF

$120

Cap Rate

6.66%

NOI

$33,300

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

1.59

Land Acres

0.06 AC

Zoning

CBD - Zoned Commercial. Central Business District.

Parking

70 Spaces (16.87 Spaces per 1,000 SF Leased)

Amenities

Fenced Lot

Signage

Skylights

Tenant Controlled HVAC

Space Availability

21B
2,280 SF
Retail
-
Feb 2025

FOR LEASE. PERFECT OWNER OCCUPANT OPPORTUNITY. BUILDING ALSO FOR SALE. Retail Building Available Now Directly in Downtown Danielson, CT. Occupy One Space and Additional Tenant will Cover your Expenses. Excellent Location – Directly in the Heart of Downtown Danielson with Extremely High Year Round Vehicle and Foot Traffic Count. Current Tenants at Below Market Rents with Upcoming Renewals. Space for Lease Features a Large Reception Area along with Front, Side and Rear Entrances, a Private Loft Office, Secret Bookcase Maintenance Closet, Full Bathroom with Shower, and Easy Access to Plenty of Free Public Parking (70+ Spaces). Building Features a Unique Design and Beautiful Woodwork Inside and Out – One of the Most Famous and Popular Commercial Retail Buildings in all of Connecticut! Zoned Central Business District (CBD) – This is the Ideal Location for a Dispensary, Liquor Store, Restaurant, Coffee Shop (Dunkin, Starbucks), or Speciality Store.