Property Details

Overview

A Rare and Inviting Opportunity in the Heart of Downtown New Milford! Nestled in the bustling and flexible Village Center Zone of New Milford, this exceptional property is a true gem for the savvy investor or entrepreneur looking to own a piece of the town's thriving downtown renaissance. With its unique blend of commercial and residential spaces, this rare find offers limitless potential and endless possibilities in a prime location. Imagine owning a property where opportunity meets charm. The street-level units are already home to a vibrant hair salon and a beloved local restaurant serving irresistible tacos-businesses that thrive in this prime location. Upstairs, two spacious residential apartments, each with 3 bedrooms and a full bath, provide comfortable living spaces just steps away from the Historic Village Green and across the street from Town Hall. Turnkey Investment Appeal: This property is fully occupied, with tenants-both commercial and residential-eager to stay, ensuring immediate rental income for the new owner. Each unit offers just under 1, 000 square feet of finished space. Residential Units: Heated with efficient electric baseboard systems for cozy living. Commercial Units: Equipped with a mix of electric baseboard heating and mini-split systems for year-round comfort, including cooling. A Downtown Renaissance You Can Be A Part Of!