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10-12 Downs St 3, Danbury, 06810

Commercial/Investment - Office, Residential Income For Sale

$799,000

Beds
Baths
5,220Sqft
.34Acres
1905Built
218DOM
MLS® #: 170164800
Active, 218 Days on Market

OPPORTUNITY ZONE Back On Market! Allows deferral +reduction on current capital gains taxes, and eventual tax-free sale of this asset. Highly visible right off I-84 in central Danbury, CT. Package of two separately deeded multi-use commercial properties, #12 & #10 Downs. Allows full control of 15 car+ parking easy on/off to I-84 at Exit 5, I-84 East. Ideal pro offices + income production out of single family rented stone house. Top notch renovations with room to comply with O.Z. requirements. Has triple pane windows, 50 yr roof, mini-split air in #12. Long precedent for professional offices &/or stately residence in #12, + separate residence in the charming stone house. Mixed-Use possibilities galore! Owner/Broker's real estate company has thrived here since 1975. High profile, signature quality location with hard-to-find, carefree egress onto side street, seconds from the Interstate! Room to make further improvements to comply with Opportunity Zone guidelines, in order to take advantage of AMAZING, heretofore unheard of tax benefits. Contract subject to rental approvals OK.

Essential Information

MLS® #: 170164800
Price: $799,000
Bathrooms: 0.00
Square Footage: 5,220
Acres: 0.34
Year Built: 1905
Type: Commercial/Investment
Sub-Type: Office, Residential Income
Status: Active

Community Information

Address: 10-12 Downs St 3
Area: N/A
City: Danbury
County: Fairfield
State: CT
Zip Code: 06810

Amenities

Utilities: Cable, Electric, Gas, Telephone
Parking Spaces: 16
Parking: Attached Garage, Parking Lot, Unpaved
Garages: Attached Garage, Parking Lot, Unpaved

Interior

Interior: Ceramic Tile, Vinyl, Wall-to-Wall Carpet, Wood
Interior Features: Employee Lounge, Living Space Available, Window Display
Heating: Hot Water, Natural Gas, Oil, Electric, Baseboard, Heat Pump, Steam
Cooling: Central Air, Heat Pump, Zoned
# of Stories: 3

Exterior

Exterior Features: Gutters, Sidewalk, Doors - under 10 ft, Door Sign, Pole Sign, Storage Building
Lot Description: Corner, Level Topography, Sloping, Treed
Roof: Asphalt Shingle, Rubber
Construction: Frame, Stone
Foundation: Concrete, Stone

Additional Information

Date Listed: February 17th, 2019
Days on Market: 218
Zoning: CG-20 OPPORTUNITY ZONE

Listing Details

Listing Office: Paul Valeri, Realtors

Financials

$/SqFt: $153

©2019 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.