23 Commerce Rd

Newtown, CT 06470

$2,650,000
Last Sold Price
—
Beds
—
Baths
22,072 Sq. Ft.
$120 / Sq. Ft.
22,072
Sq. Ft.
$120
per Sq. Ft.
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Closed 11/8/23
Closed 11/8/23

Description

Rare find! M5 zoned industrial property. Custom designed to house and service heavy equipment and oversized trucks, this 22000 SF building offers an abundance of possibilities. Ideal investment opportunity or perfect for a large outfit contractor looking to garage large machinery and equipment. This space would also satisfy a car collector's indoor storage dream. The 22,000 sf space is currently divided into garage, in-house mechanic shop, storage, and office space. The separate basement area with...Rare find! M5 zoned industrial property. Custom designed to house and service heavy equipment and oversized trucks, this 22000 SF building offers an abundance of possibilities. Ideal investment opportunity or perfect for a large outfit contractor looking to garage large machinery and equipment. This space would also satisfy a car collector's indoor storage dream. The 22,000 sf space is currently divided into garage, in-house mechanic shop, storage, and office space. The separate basement area with its own private driveway and parking area offers 3000 SF currently set up as office/professional space and provides rental income when leased out. Located on a quiet commercial cul-de-sac with ample roadside signage at the front of the building, and corporate park signage exposure on heavily trafficked Church Hill Rd. Permitted uses are endless including manufacturing, fabricating, packaging, printing/reproduction, shop supplies, retail, car storage, garage and warehouse space, vehicle maintenance, assembly, wholesale business, bulk storage, utility service center, laboratory, bottling, recreation, brew pub, sporting facility, pickleball. Guaranteed income - Seller prefers to lease back space for at least 1 year
  1. Listed by Necole M Manna • William Pitt Sotheby's Int'l
    P: (203)-948-3878 C: (203)-948-3878 necolemanna@gmail.com

Property Details for 23 Commerce Road

Location
Highway Access, Industrial Park, Office Park
Neighborhood
N/A
Garage Parking Info
Attached Garage, Paved, Parking Lot
LISTING UPDATED: 11/08/2023 08:24 PM

Property Details for 23 Commerce Road

StatusClosed
MLS #170564205
Days on Market89
Taxes$27,419 / year
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS Type-
Year Built1980
Lot Size2.28 AC / 99,316 SF
CountyFairfield County
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Location

Listing Courtesy of William Pitt Sotheby's Int'l, Necole M Manna

Sold By Advantage Realty, Inc., George F Walker

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Building Information for 23 Commerce Road

Stories2Residences1Year Built1980Lot Size2.28 AC / 99,316 SF

Payment Calculator

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$15,629 per month

30 year fixed, 6.46% Interest

Principal and Interest

$13,344

Property Taxes

$2,285

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 23 Commerce Road

Summary
Property and Location
  • Directions: Church Hill Road to Commerce Road. Building on left side before cul-de-sac. #23 on sign.
  • Flood Zone: No
  • Latitude: 41.415336
  • Longitude: -73.285025
  • State: Connecticut
Parking
  • Parking Spaces Uncovered: 35
  • Parking Total Spaces: 35
HOA and Fees
  • Property Tax: $27,419
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Doors - 10-15 ft, Lighting, Loading Dock/Grade, Outside Storage Area, Pole Sign, Sidewalk, Underground Sprinkler, Underground Utilities
  • Number of Docks: 0
  • Number of Overhead Doors: 7
Interior Features
  • Cooling System: Central Air, Heat Pump, Split System
  • Heat Type: Gas on Gas, Heat Pump, Zoned
  • Ceiling Height: 22.0
  • Flooring: Ceramic Tile, Concrete, Wood
  • Interior Features: Employee Lounge, Fire Suppression System, Handicap Design, Loading - Grade, Security System, Window Display
Property
Property and Assessments
  • ADA Compliant: Yes
  • Construction Description: Brick, Masonry, Steel
  • Exclusions: All contracting equipment, parts, etc. unless otherwise negotiated.
  • Foundation Type: Concrete
  • Handicap Features: Bath Grab Bars, Handicap Parking
  • Potential Use: storage,warehouse,mfg,sporting
  • Present Use: Industrial Warehousing
  • Road Frontage Description: Municipal Street, Cul-De-Sac, Paved Road
  • Roof: Rubber
  • Sq Ft Source: Public Records
  • SubdividableU: Yes
  • Year Built: 1980
  • Bank Owned Property: No
  • Sq Ft Industrial: 11500
  • Sq Ft Office: 7800
  • Sq Ft Residential: 0
  • Sq Ft Retail: 2772
Lot Information
  • Documents Available: Legal Description
  • Lot Description: On Cul-De-Sac, Level Lot
  • Parcel Number: 208254
  • Sq Ft Total: 22072.0
  • Zoning: M-5
Utilities
  • Heat Fuel Type: Gas In Street
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas, Telephone, Cable, Fire Suppression System
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Owner
  • Total Number of Units: 1
Building Details
  • Unit Count: 1
  • Number of Restrooms: 4
  • Number of Stories: 2
  • Number of Tenants: 1
Unit 1
  • Unit Entry Order: 1
  • Unit Modified Date: 04-20-2023
  • Unit Type: Industrial

Property History for 23 Commerce Road

DateEvent & SourcePriceAppreciation
Mar 16, 2017

Closed (Public Record)

Public Record #593388249

$1,025,000

-1.9% / yr

Sep 6, 2007

Closed (Public Record)

Public Record #226990205

$1,225,000—
Sep 6, 2007

Closed (Public Record)

Public Record #226990204

$2,000,000

+4.2% / yr

Oct 6, 2003

Closed (Public Record)

Public Record #127644118

$1,700,000

+22.2% / yr

Jul 23, 1998

Closed (Public Record)

Public Record #91077670

$600,000

-3.8% / yr

Apr 30, 1997

Closed (Public Record)

Public Record #91078302

$629,013—
DateEvent & SourcePrice
03/16/2017

Closed (Public Record)

Public Record #593388249

$1,025,000

-1.9% / yr

09/06/2007

Closed (Public Record)

Public Record #226990205

$1,225,000
09/06/2007

Closed (Public Record)

Public Record #226990204

$2,000,000

+4.2% / yr

10/06/2003

Closed (Public Record)

Public Record #127644118

$1,700,000

+22.2% / yr

07/23/1998

Closed (Public Record)

Public Record #91077670

$600,000

-3.8% / yr

04/30/1997

Closed (Public Record)

Public Record #91078302

$629,013

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 23 Commerce Road

Taxable ValueLand$267,570Additions$777,370Total$1,044,940
Tax Record2024$30,032 ($2,503 / month)
Home Facts
Total Finished SqFt22,072 SqFtAbove Grade Finished SqFt22,072 SqFtStories2Lot Size99,317 SqFtStyleMiscellaneous IndustrialYear Built1980ZoningM-5CountyFAIRFIELDAPNNTWN M:38 B:1 L:12 U:8AFireplace TypeHas Fireplace

Schools near 23 Commerce Road

This home is within Newtown School District.
Rating
School
Type
Grades
Distance
Hawley Elementary School
Public - K to 4
Reed Intermediate School
Public - 5 to 6
Newtown Middle School
Public - 7 to 8
Newtown High School
Public - 9 to 12
Rating
School
Distance
Hawley Elementary School
PublicK to 4

Reed Intermediate School
Public5 to 6

Newtown Middle School
Public7 to 8

Newtown High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Pitt Sotheby's Int'l, Necole M Manna

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.