29 E Pembroke Rd, Danbury, CT 06811

$1,199,999
1
BA
11,859
SqFt

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List Price
$1,199,999
Status
ACTIVE
MLS#
24181511
Year Built
1845
Foreclosure
Yes
Bathrooms
1
Acres
1.06
Living Area
11,859
Neighborhood
Candlewood Lake

Property Description

Investors, builders, or business owners looking in Danbury, this one is worth a look. Former restaurant property near the Pembroke/Candlewood Lake area on approx. 1.06 level acres with a large existing building, paved parking, and strong visibility on East Pembroke Road. The property is surrounded by established residential neighborhoods and condo communities making it a strong option for an investor, builder, owner-user, restaurant operator, or someone looking to bring a business back to life. There may also be potential to rezone the property, which could possibly allow for 8-12 garden-style condo or apartment units, subject to City of Danbury approvals. Initial conversations and inquires with Planning & Zoning have been made to better understand what may be possible. Property is being sold as-is.

Additional Information

Taxes
$25,130
Lot Size
46,173
Heating
Hot Air, Zoned
Cooling System Type
Central Air
Water Source
Public
Parking Spaces
70

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Calculator source: Real Geeks

Listing courtesy of Gezime Ajro from Higgins Group Real Estate. (203) 565-3089 (203) 254-9000

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