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.
| MLS # | 24181511 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1845 |
| Days On Site | 132 |
| Listing Provided By | Higgins Group Real Estate | Gezime Ajro |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 11,859 |
| Units | 2 |
| Zoning | RA-20 |
| Acreage | 1.06 |
| Total Rooms | 0 |
|---|---|
| Cooling System | Central Air |
| Roof Information | Asphalt Shingle |
|---|
| Garage & Parking | Paved, Parking Lot |
|---|---|
| Parking Total Spaces | 70 |
| Utilities Available | Electric, Electric Available, Gas, Gas Available |
|---|---|
| Sewage System | Public Sewer Connected |
| Tax Year | July 2026-June 2027 |
|---|---|
| Property Tax | 25372 |
| State | CT |
|---|---|
| County | Fairfield |
| City | Danbury |
| Zip Code | 06811 |
| Area | Candlewood Lake |
| Listing VS Median (in 06811) | |
Price: $1,199,999 low | high Med: $449,500 sqft: 11,859 low | high Med: 1,839 $ / sqft: $101 low | high Med: $268 On site: 132 low | high Med: 14.5 | |
| State | CT |
|---|---|
| County | Fairfield |
| City | Danbury |
| Zip Code | 06811 |
| Area | Candlewood Lake |
| Listing VS Median (in 06811) | |
Price: $1,199,999 low | high Med: $449,500 sqft: 11,859 low | high Med: 1,839 $ / sqft: $101 low | high Med: $268 On site: 132 low | high Med: 14.5 | |