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    150 Central St Bristol, CT 06010

    Sponsored
    For Sale
    $595,000

    High-traffic, multi-unit commercial property

    Property size:
    6,425 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity presents a 6,425 square foot strip plaza ideally situated at 150 Central Street in Bristol, Connecticut. The property encompasses three contiguous lots (41-5, 41-6, and 41-7), totaling 0.99 acres, and zoned BG General Business. The main building, located on Lot 41-5 (0.49 acres), features up to six individual commercial units, currently housing a restaurant tenant occupying 3,577 square feet. The additional lots, 11 East Main Street (Lot 41-6, 0.29 acres) and an adjacent lot on East Main Street (Lot 41-7, 0.21 acres), offer significant expansion or redevelopment potential. The property boasts ample rear parking and benefits from excellent visibility and high traffic counts due to its strategic location at the lighted intersection of Central, East Main, and Broad Streets. A right-of-way ensures easy access. This property presents a tremendous opportunity for both owner-users seeking to establish their business and investors looking for a strong return. The seller may consider financing options. The asking price is $595,000.

    Property Features for 150 Central St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,425 SF
    Lot Size
    43,124 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.89767
    Latitude
    41.673

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, multi-unit commercial property
    Where is this commercial real estate located?
    The property is located at 150 Central St Bristol, CT.
    What is the asking price?
    The asking price for this property is $595,000.
    (860) 585-5635
    Request Owner's contact information
    150 Central St Bristol, CT 06010
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    Bristol, CT 06010
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    Realmo Value Estimation

    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.

    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.

    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
    150 Central St Bristol, CT 06010
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