PERFECT FOR OWNER OCCUPIED OR INVESTMENT. 8,972 SF. RETAIL/PROFESSIONAL CENTER. 1 ORTHODONTIST PRACTICE AND 4 RETAIL STORES (SUBWAY, EDIBLE ARRANGEMENTS, HOME CARE, & SMOKE SHOP). TOTAL N.O.I.: $137,000/YR, EXCLUDING ADDITIONAL RELIABLE INCOME: 2200 SF DENTAL/MEDICAL. BASEMENT PROVIDES ADDITIONAL 4,284 SF SUPPORT/STORAGE AREA. LOCATED ON EXTREMELY BUSY SHOPPING CORRIDOR (BIG Y, MCDONALDS, WENDYS, CVS, LOWES, ETC), NEW HAVEN AVE 27,000 VPD. SIGNALIZED ACCESS TO ROUTE 34 DIRECTLY IN FRONT OF PROPERTY PROVIDES DISTINCT ADVANTAGE. LAST PROPERTY IN DERBY. NEIGHBORS ORANGE & WOODBRIDGE. CLOSE TO YALE/NEW HAVEN. BUS STOP FROM NEW HAVEN RIGHT IN FRONT OF PROPERTY. 1ST FLOOR & 2ND FLOOR HEIGHT: 12'. BASEMENT HEIGHT: 9'. RENOVATED AND ADDED ELEVATOR: 2001. OWNER RETIRING. PLEASE DO NOT TALK TO ANY TENANTS OR WORKERS. PROOF/SOURCE OF FUNDS REQUIRED BEFORE ANY SHOWINGS. PROPERTY SOLD AS IS. LISTING BROKER RELATED TO OWNER.
Unique opportunity to own a well-established restaurant and bar in the heart of Derby. This high-visibility property offers excellent foot traffic and convenient access to major roadways. The space features a fully equipped kitchen, spacious dining area, welcoming bar and oversized basement, making it ideal for continued restaurant use or a new concept. With strong local recognition and a prime downtown location near the Housatonic River, this is an excellent opportunity for an owner-operator or investor.
Derby is located in Connecticut. Derby, Connecticut has a population of 12,387. Derby is less family-centric than the surrounding county with 15.35% of the households containing married families with children. The county average for households married with children is 26.84%.
The median household income in Derby, Connecticut is $64,494. The median household income for the surrounding county is $75,043 compared to the national median of $69,021. The median age of people living in Derby is 46.8 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 50 inches per year, with 33.6 inches of snow per year.
