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21 Furnace St 4,150 SF 100% Leased Retail Building Danielson, CT 06239 $500,000 ($120.48/SF) 8.38% Cap Rate
INVESTMENT HIGHLIGHTS
- 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 – Additional Unit Can Provide Day One Cash Flow
- Stunning Woodwork Throughout, 16ft High Ceilings, New Windows
EXECUTIVE SUMMARY
FOR SALE OR FOR LEASE. (3% Commission to Buyer's Agent) Retail Building Available Now Directly in Downtown Danielson, CT. Perfect Owner Occupant Purchase Opportunity! Occupy One Space and Additional Tenant can Cover your Expenses. Excellent Location – Directly in the Heart of Downtown Danielson with Extremely High Year Round Vehicle and Foot Traffic Count. 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). Lower Level includes a full bar, a seating area, an outdoor patio, tons of storage, and a walk in freezer. Heating and Cooling Throughout. 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,150 SF
Building Class
B
Year Built/Renovated
1900/2024
Price
$500,000
Price Per SF
$120.48
Cap Rate
8.38%
NOI
$41,900
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.59
Lot Size
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
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | KILL-000198-000000-000144 | Improvements Assessment | $70,110 |
| Land Assessment | $18,810 | Total Assessment | $88,920 |
PROPERTY TAXES
Parcel Number
KILL-000198-000000-000144
Land Assessment
$18,810
Improvements Assessment
$70,110
Total Assessment
$88,920
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21 Furnace St
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