43 Main StreetNew Milford, CT 06776MLS Number 99143387

  • Price: $1,895,000
$
$
%
$/month over payments
Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* 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.
Active
43 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 0677643 Main New Milford CT 06776
QR Code
  • 0.98Acreage
  • 1970Year Built
  • 21,150Square Feet

Driving Directions

Fantastic investment opportunity available for $1,895,000 located directly on the historic “New Milford Green.” The estimated Net Operating Income for 2020 is $193,467! New leases include Domino's Pizza, Johanna's restaurant expansion and extension, The News-times relocation and extension, and the Physical Therapy Group. An additional 3,150 s.f. lease was completed for the third location of BD Provisions with their opening scheduled for December 2020. There is plenty of on-site parking, angled parking on the green, and a convenient lot from the adjacent Post Office. This 1.02-acre property is located near the New Milford Hospital, Banks, the theater, numerous restaurants, the Post Office, several churches, and all the municipal offices in New Milford. There are currently two vacant spaces. Both spaces are in the rear of the building with their own private entrances and access to the parking lot. The first-floor space is 4,775 s.f. and the second-floor walkup is a former karate studio that is 3,480 s.f. For qualified buyers, the owner is willing to consider holding a first mortgage at 6.00% with a 20-year amortization and a 5-year balloon payment.

Contact Us!

Find out how our team can help you find the perfect property

Do not fill in this field:

Property Details

The Matthews Group
The Matthews Group
Office: 860.868.0511
4 Green Hill Road
Washington Depot, CT 06794
Listing Courtesy of Advantage Realty, Inc.

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.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: