52 Gillotti Rd, New Fairfield, CT for sale

Investment Overview

Versatile commercial and residential property featuring a commercial building and a fully occupied two-family home on 1 acre. Formerly home to a power equipment sales and service business, the commercial building offers warehouse space with ceilings 15+ feet, a shop, retail storefront, office space, and drive-ins. +/- 2,500 SF of warehouse space is heated and cooled. The two-family home provides rental income from two units, each offering two bedrooms and one full bath. Tenants are month-to-month. Improvements include house roof work in 2017 and 2026, a new well pump in 2021, septic pumping in 2025, and a new shop oil furnace and tank in 2018. The flexible layout presents potential for retail, equipment sales and repair, a contractor business, light industrial operations, or service and storage uses, subject to zoning and town approvals. Currently zoned R-44; per town guidance, an application may be submitted for a variance to allow commercial use under C-1 provisions, subject to approval.

Investment Highlights

• Built in 1946
• 1 Acre
• Potentials Uses: Retail, equipment sales/repair, contractor, light industrial, service, or storage.
• +/- 1,500 SF warehouse with 15-foot ceilings + additional 1,500 SF Shop
• +/- 675 SF retail storefront and 300 SF office
• Full A/C in 2,500 SF
• 2 Drive-Ins and
• 1.5 bathrooms, including a shower
• Monthly residential rents of $2,100 and $1,900; both month-to-month
• Private well and septic
• Electric and oil heat
• House roof improvements in 2017 and 2026
• Well pump replaced in 2021; septic pumped in 2025
• Shop oil furnace and tank replaced in 2018
• Zoned R-44; per town guidance, may apply for a variance to allow commercial use under C-1 provisions