29 East Pembroke Road

Investors, builders, or business owners looking in Danbury, this one is worth a look. Former restaurant property near the Pembroke/Candlewood Lake area on approx. 1.06 level acres with a large existing building, paved parking, and strong visibility on East Pembroke Road. The property is surrounded by established residential neighborhoods and condo communities making it a strong option for an investor, builder, owner-user, restaurant operator, or someone looking to bring a business back to life. There may also be potential to rezone the property, which could possibly allow for 8-12 garden-style condo or apartment units, subject to City of Danbury approvals. Initial conversations and inquires with Planning & Zoning have been made to better understand what may be possible. Property is being sold as-is. With nearby multifamily zoning to the north and west, rezoning to a low-to-medium density residential district may be a potential path, subject to Zoning approval. Existing restaurant use may be considered.