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Property Description
Village Center Jewel! Looking for a flexible, high-potential investment opportunity? Don’t let this one pass you by. This well-maintained and updated mixed-use commercial/residential building is located in the highly flexible Village Center (VC) Zone of downtown New Milford and is ready now for immediate occupancy. The upper-level features two residential apartments, each offering 1 bedroom, 1 full bath, and 864 sq ft of living space. The main level is currently configured as three private office spaces with a shared conference room and a kitchen/break room, ideal for professional or co-working uses. The basement level is fully rented for storage, adding steady supplemental income. A massive walk-up attic provides an incredible value-add opportunity-perfect for creating a third and even fourth residential apartment, pending approvals. Outside, the expansive rear parking lot easily accommodates ample parking for both residents and commercial tenants. Located in the vibrant heart of New Milford’s Village Center, this property offers myriad uses and exceptional flexibility-a perfect fit for the savvy investor looking to begin or expand their portfolio.
Features
Heating System:
Hot Air, Baseboard
Cooling System:
Central Air
Foundation Type:
Concrete, Stone
Heat Fuel Type:
Natural Gas, Electric
Exterior Features:
Gutters, Lighting, Sidewalk, Pole Sign
Flooring:
Vinyl, Wall-to-wall Carpet, Wood
Handicap Features:
Handicap Parking, Hard/low Nap Floors, Exterior Curb Cuts
Interior Features:
Security System, Living Space Available
Fireplaces Total:
0
Parking Total Spaces:
14
Location:
Downtown, Urban
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Elm
Street Number:
14
Floor Number:
0
Longitude:
W74° 35′ 22.4”
Latitude:
N41° 34′ 49.8”
MLS Addon
Office Name:
Coldwell Banker Realty
Agent Name:
Todd Sargent
List Agent MLSID:
2783
List Office MLSID:
CBRE90
Tax Year:
July 2025-June 2026
Directions:
Main or East Street to Elm Street to #14
HOA Fee Amount:
$0
Parcel Number:
1873986
Property Tax:
$8,561
Virtual Tour:
Click Here
Zoning:
VC

Commercial For Sale

14 Elm, New Milford, 06776

0 Bedrooms
4 Bathrooms
3,456 Sqft
$639,900
Listing ID #24140495
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24140495
Price :
$639,900
Bedrooms :
0
Baths Total :
4
Bathrooms :
4
Half Bathrooms :
0
Square Footage :
3,456 Sqft
Year Built :
1800
Lot Area :
0.29 Acre
City:
New Milford
Zipcode:
06776
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…