Renovated Victorian Retail/ Office Multi-Unit Investment - Steps from Ridgefield's Main Street! Discover a rare investment opportunity in the heart of Ridgefield! This stunning renovated Victorian, originally known as the The Lockwood House, is just steps from vibrant Main Street, features four income-producing rental units blending historic charm with modern convenience. Located in the Central Business District, it was originally updated in a major 2007 renovation, this property has been meticulously maintained, including a full exterior repaint in 2023. Offering 14 dedicated parking spots-a true luxury in this prime location-plus ADA compliance, Elevator access, it ensures accessibility and convenience for all tenants. Inside, each unit boasts high ceilings, detailed moldings, creating bright and welcoming spaces. The unbeatable location means tenants can capitalize on Ridgefield's top dining, shopping, and cultural attractions that bring many visitors to town. Whether you're an investor looking for a high-demand rental property or seeking a flexible live-in investment, this opportunity is not to be missed.
The median home value in Ridgefield, CT is $875,000. This is higher than the county median home value of $552,700. The national median home value is $338,100. The average price of homes sold in Ridgefield, CT is $875,000. Approximately 79.82% of Ridgefield homes are owned, compared to 13.36% rented, while 6.82% are vacant. Ridgefield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ridgefield real estate agent to arrange a tour today!
Ridgefield, Connecticut 06877 has a population of 25,053. Ridgefield 06877 is more family-centric than the surrounding county with 42.25% of the households containing married families with children. The county average for households married with children is 34.39%.
The median household income in Ridgefield, Connecticut 06877 is $160,258. The median household income for the surrounding county is $101,194 compared to the national median of $69,021. The median age of people living in Ridgefield 06877 is 45.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 51.8 inches per year, with 42.6 inches of snow per year.