Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Front St Bethel, CT 06801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property on Greenwood Avenue with long-term tenant.

    Property size:
    3,210 SF
    Lot size:
    0.29 Acres

    Property Features for 1 Front St

    General Information

    Standard status
    Active
    Zoning
    C
    Size
    3,210 SF
    Lot size
    0.29 Acres

    We can help!

    Listing Contact
    Bryan Atherton
    Bryan Atherton
    Source: Crexi

    Listing Agency: Atherton Real Estate Advisors LLC Listing Agent: Bryan Atherton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Corner Retail Investment Opportunity

    This retail property presents an investment opportunity, situated on a corner lot along Greenwood Avenue. The property benefits from high visibility and daily traffic. A restaurant tenant has occupied the site since 2019 under a long-term NNN lease with renewal options. The corner parcel features signage and benefits from pedestrian and vehicular traffic.
    Location Intelligence

    Current Use by Public Records

    Notch 8 Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethel
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.415143
    Latitude
    41.3711045

    Nearby Similar for Sale

    • $499,900
      5,700 SF

      Bethel Commercial Opportunity For Sale

      Established motorcycle dealership with warehouse and retail space for sale.
      44 Grassy Plain St, Bethel, CT 06801
      View Details
    • New
      $839,000
      Pending

      Well-Maintained Bethel Three-Family Property

      Three-family property in Bethel with income potential and recent updates.
      14 Fleetwood Park, Bethel, CT 06801
      View Details
    • $499,900
      5,700 SF

      Versatile Commercial Building For Sale

      Established motorcycle dealership with warehouse and retail space.
      44 Grassy Plain St, Bethel, CT 06801
      View Details
    • $3,250,000

      Bethel Industrial Manufacturing Facility

      35,160 SF manufacturing space with office. Available 2026.
      159 Grassy Plain St, Bethel, CT 06801
      View Details
    • $1,495,000

      Former Bank in Central Business

      Former bank building suitable for medical, retail, or office use.
      159 Greenwood Ave, Bethel, CT 06801
      View Details
    • $715,000
      Pending

      Chestnut Ridge Road Property

      Property for sale on Chestnut Ridge Road.
      173 Chestnut Ridge Rd, Bethel, CT 06801
      View Details
    • $5,500,000

      Codfish Hill Road Property

      Property available for sale on Codfish Hill Road.
      62 Codfish Hill Rd, Bethel, CT 06801
      View Details
    • Contact for pricing

      Vacant Office and Flex Asset

      Three-story office and flex/R&D asset in Fairfield County, Connecticut.
      Bethel, CT 06801
      View Details
    • Contact for pricing
      19,014 SF

      Versatile Retail Space in Bethel

      19,014 SF retail property on 3.17 acres for sale.
      74 South St, Bethel, CT 06801
      View Details
    • Contact for pricing

      Downtown Bethel Ranch Apartment

      Move-in ready apartment in downtown Bethel with modern finishes.
      155 Greenwood Ave, Bethel, CT 06801
      View Details
    • Contact for pricing
      11,232 SF

      Office/Flex Condominium For Sale

      11,232 SF office/flex condominium in Berkshire Corporate Park.
      6 Berkshire Blvd, Bethel, CT 06801
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Retail property on Greenwood Avenue with long-term tenant.
    Where is this conventional restaurant located?
    The property is located at 1 Front St Bethel, CT.
    What are key features of this property?
    This property features: - Premier corner lot location on highly sought-after Greenwood Avenue.; - Exceptional visibility and high daily traffic.; - Thriving restaurant tenant in place since 2019.
    (203) 693-1185
    Request Owner's contact information
    1 Front St Bethel, CT 06801
    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.
    1 Front St
    Bethel, CT 06801
    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
    1 Front St Bethel, CT 06801
    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

    We can help!
    Listing Contact
    Bryan Atherton
    Bryan Atherton
    Real Estate License ID: REB.0757919
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!