10 Railroad StreetNew Milford, CT 06776MLS Number 170150526

  • Price: $1,850,000
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Federal 30-year interest rate: 3.81% last updated on Jul 18, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.31Acreage
  • 1905Year Built
  • 11,629Square Feet

Driving Directions

Investment opportunity. Established restaurant on first level. 27 rooms rented on a weekly basis on second and third floor. Mostly long term tenants. Additional storage room and office. Rooms are furnished and offer WI-FI and cable. Some parking on site & storage garage. Located in the heart of the dining & business district & across from the historic New Milford Railroad Station. Owners have made numerous improvements over the years. This investment requires minimum on site management. Contact agent for additional information. Agent related.

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More Info

Basic Information

  • Broker NameWilliam Raveis Real Estate
  • List Price$1,850,000
  • MLS Number170150526
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew Milford
  • Commercial catagoryInvestment
  • Also for leaseNo

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric
  • Utilities availableElectric, Gas
  • Water sourcePublic Water Connected
  • Cooling SystemZoned
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$605,360
  • Taxes$17,053
  • Tax YearJuly 2018-June 2019
  • Milrate base28
  • Milrate total28.17

Building

  • FoundationMasonry
  • RoofTar/Gravel
  • Year Built1905
  • Building ConstructionBrick, Stone
  • AtticNo
  • Garages
  • FlooringConcrete
  • Garage Parking InfoUnpaved, Off Street Parking
  • Square Feet11,629
  • Restrooms number of8
  • Sqft residential7510
  • Sqft retail4119
  • Stories3
  • Additional space availableNo

Other

  • Documents AvailableLead Disclosure, Other
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • SubdividableNo
  • Space is leasedNo
  • Present useMixed Restaurant, SRO
  • View Count333

Basic Information

  • Agent IDB7104,

Location

  • CountyLitchfield
  • LocationDowntown
  • StateCT
  • Zip06776

Property

  • Acreage0.31
  • Lot DescriptionLevel Lot
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage DescriptionMunicipal Street
  • SwimmingpoolNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo
The Matthews Group
The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of William Raveis Real Estate

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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