Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Cromwell, CT Title is generated by Realmo AI

    309 Main St, Cromwell, CT 06416

    View on Map
    Claim this Listing
    For Lease
    $3,400/Mo $20 SF/Yr (calc)

    COMMERCIAL - Cromwell, CT

    Property size:
    2,000 SF
    Added:
    Feb 20, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for 309 Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    DOWNTOWN BUSS
    Parking
    12
    Exterior features
    Sidewalk,Gutters,Pole Sign,Door Sign
    Standard status
    Active
    Size
    2,000 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Hot Water(Heating)
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1885
    Flooring type
    Parquet Wood, Wood

    We can help!

    Listing Contact
    Glen Johnson

    Listing agent Glen Johnson

    Listing office Johnson Real Estate Inc Glen I 309 Main Street, CROMWELL, CT

    Listing date Feb 20, 2026

    MLS# 24082823

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Unique property, a standout as highlighted in the description.
    • Features wood and parquet wood flooring.
    • Public water and sewer connections.
    • Exterior includes sidewalk, gutters, pole sign, and door sign.
    • Heating provided by hot water and baseboard system.
    • Cooling via wall unit(s).

    Overview

    This retail property, located in Cromwell, Connecticut, offers a unique space for potential tenants. The property encompasses 2,000 square feet and is zoned for DOWNTOWN BUSS. The listing title indicates it is a commercial property. The public remarks emphasize that this is a very unique property that must be seen.
    Property Profile Location Intelligence

    Current Use by Public Records

    Glen I Johnson ... Real Estate Agency Valerie Osterhoudt, Johnson ... Real Estate Agency Glen Johnson, Johnson ... Real Estate Agency Intuition Art Collective Tattoo & Piercing Shop Body Focus Therapeutic ... Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6460682
    Latitude
    41.5943809

    Nearby Similar for Lease

    • $2,100/Mo
      1,200 SF

      Unique Commercial Space in Cromwell

      Retail/office space in a unique location, must see!
      309 Main Street, Cromwell, CT 06416
      View Details
    • $1,600/Mo
      850 SF

      Unique Retail Space in Cromwell

      Retail space for lease in a unique Cromwell location.
      309 Main Street, Cromwell, CT 06416
      View Details
    • $1,000/Mo
      1,000 SF

      Office Space Near Major Highways

      Office space in high-traffic area near Cromwell and Rocky Hill.
      241 Shunpike Rd, Cromwell, CT 06416
      View Details
    • $1,000/Mo
      1,000 SF

      Commercial Space Near Major Highways

      Commercial space in high-traffic area, utilities included.
      241 Shunpike Road, Cromwell, CT 06416
      View Details
    • $18 SF/Yr
      4,800 SF

      New Construction Industrial Flex Space

      New construction industrial condominium units for lease, convenient location.
      60 Countyline Dr, Cromwell, CT
      View Details
    • Contact for pricing
      4,500 SF

      Cromwell Office Space Sublease

      Office space available for sublease in Cromwell, Connecticut.
      106 Sebethe Dr, Cromwell, CT 06416
      View Details
    • $11 SF/Yr
      7,250 SF

      Cromwell Flex/Industrial Space Available

      7,250 SF flex/industrial space for lease in Cromwell, CT.
      100 Sebethe Drive, Cromwell, CT, 06416
      View Details
    • $2,800/Mo

      Main Street Mixed-Use Property

      Mixed-use property with retail and office space available for rent.
      542 Main Street, Cromwell, CT 06416
      View Details
    • Contact for pricing
      936,000 SF

      936,000 SF Distribution Opportunity

      936,000 SF built-to-suit distribution center opportunity.
      Shunpike Road, Cromwell, CT, 06416
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in Cromwell Center

      Retail space available in well-located Cromwell shopping center.
      45-61 Shunpike Rd, Cromwell, CT
      View Details
    • Contact for pricing
      3,060 SF

      Retail Space with Tesla Charging

      Renovated retail space with high visibility and Tesla Supercharging.
      34 Shunpike Rd, Cromwell, CT
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Cromwell, Connecticut.
      136 Berlin Rd, Cromwell, CT 06416
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail property for lease in Cromwell, Connecticut.
    Where is this retail space located?
    The property is located at 309 Main St Cromwell, CT.
    What is the lease rate?
    The lease rate is $3,400 /Mo.
    What are key features of this property?
    This property features: Unique property, a standout as highlighted in the description.; Features wood and parquet wood flooring.; Public water and sewer connections.
    (860) 398-1034
    We can help!
    Listing Contact
    Glen Johnson
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    309 Main St, Cromwell, CT 06416
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!