245 Danbury Rd

245 Danbury Rd, New Milford, CT 06776

Property Information

  • For Sale $1,500,000
  • Property Type Retail - Restaurant
  • Property Size 3,536 SF
  • Lot Size 0.35 Acre
  • Year Built 1969
  • Date Updated Aug 4, 2026

Description

Restaurant building for sale at 245 Danbury Rd (Route 7) in New Milford, CT. The 3,536 SF stainless-steel diner with masonry brick addition sits on 0.35 acres directly on Connecticut’s Route 7 commercial corridor, with traffic counts of approximately 20,000 to 25,000 ADT in this segment.

Built in 1969, the building offers a full commercial kitchen, counter seating, booth seating, and a 3,344 SF basement for storage, prep, and mechanicals. Construction is concrete block with brick / masonry exterior facing, flat roof, gas-fired forced-air heat, and partial central AC (1,584 SF). The property includes 2,500 SF of paved parking and FF&E.

Building & Site Specs

  • 3,536 SF restaurant building (1969), single story
  • 0.35-acre parcel, I (Industrial) zoning
  • 2,500 SF paved parking, direct Rt 7 frontage
  • Full commercial kitchen, counter and booth seating
  • 3,344 SF basement (storage, prep, mechanicals)
  • Gas forced-air heat, partial central AC (1,584 SF)
  • 2025 New Milford appraisal: $603,100 (assessment $422,170)

Trade Area & Traffic

The trade area pulls from New Milford (28,500 residents) plus the surrounding Litchfield County market: Brookfield (17,528, MHI approx $130,000) 5 mi south, Sherman (3,581) 5 mi north, Bridgewater (1,727) 3 mi northeast, Roxbury (2,256) 4 mi northeast, Washington (3,761) 10 mi northeast, and Kent (2,979) 10 mi north. The 15-mile draw extends to Danbury (86,478).

Route 7 is the primary tourism spine connecting the Danbury market to the Litchfield Hills, Lake Candlewood, and northwest Connecticut weekend destinations. Walking-distance retail anchors within 1.5 mi south include Walmart Supercenter, Stop & Shop, Home Depot, Kohl’s, TJ Maxx, HomeGoods, and Panera Bread. New Milford Hospital sits 1 mi north and the New Milford Town Green commercial district is 1.5 mi north. I-84 Exit 7 (Brookfield/Danbury) is 8 mi south.

Contacts

Location

Located at 245 Danbury Rd, New Milford, CT 06776, this property is part of the Candlewood Lake neighborhood and Bridgeport New Haven market.

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