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

    409 Main St Ansonia, CT

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

    177,320 SF shopping center with redevelopment potential.

    Type:RETAIL
    Property size:
    177,320 SF
    Lot size:
    14.89 Acres
    Added:
    May 21, 2025
    Days on Market:
    317
    Last Refresh:
    Mar 29 at 9:54 pm

    Property Features for 409 Main St

    General Information

    Standard status
    Active
    Size
    177,320 SF
    Lot size
    14.89 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Stephen R. Preuss
    Stephen R. Preuss

    Listing agent Stephen R. Preuss License #NY 10401272716

    Listing office RIPCO Real Estate - Queens

    Listing date May 21, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate - Queens

    Overview

    Anchored Shopping Center For Sale

    This is a 177,320 SF single-story shopping center situated on approximately 15 acres. The property features high ceilings, multiple loading bays and docks, and 845 parking spaces. Marshalls anchors the shopping center. Target is located directly across the street. Several credit retailers are located nearby, including ShopRite, BJ’s, Panera, Aldi, Starbucks, and McDonald’s. The property offers an opportunity for large box tenancy or subdivision of spaces and is offered at below replacement cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bob's Stores Footwear ... Children'S Clothing Store Alexander Locksmith Locksmith

    Suggested Use

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

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

    Similar Places Nearby

    • Red Raider Plaza — 60-66 State Rte 727, Derby, CT 06418
    • Pershing Square Shopping Center — 86 Pershing Dr, Derby, CT 06418
    • Aldi Square — 70-78 Pershing Dr, Derby, CT 06418
    • Coinstar Kiosk | Bitcoin ATM — Stop & Shop - NY Metro, 100 Division St, Ansonia, CT 06401
    • Coin Cloud Bitcoin ATM — 5 Pershing Dr, Ansonia, CT 06401

    Location Insight

    • Map
    • Local Demand
    City
    Ansonia
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0835
    Latitude
    41.3615

    Nearby Similar for Sale

    • $619,900
      3,060 SF

      Turn-Key Three-Family Home

      Meticulously maintained 3-family home with excellent tenants in Ansonia.
      110 Beaver Street, Ansonia, CT 06401
      View Details
    • $569,000
      3,256 SF

      Updated Multifamily Home in Ansonia

      Light-filled, updated multifamily home near downtown Ansonia.
      61 Garden Street, Ansonia, CT 06401
      View Details
    • $430,000
      1,760 SF

      Well-Maintained Multifamily Investment Opportunity

      Ansonia multifamily property with strong income potential and recent updates.
      19 Jackson Street, Ansonia, CT 06401
      View Details
    • $1,095,000
      5,508 SF

      Ansonia Multifamily Investment Opportunity

      Six 2-bedroom apartments with garage income potential in Ansonia.
      22 Woodbridge Avenue, Ansonia, CT 06401
      View Details
    • $75,000

      Ansonia Restaurant Business For Sale

      Fully equipped restaurant with seating and take-out potential.
      143 N Main Street, Ansonia, CT 06401
      View Details
    • $1,175,000
      9,480 SF

      Turn Key Restaurant Opportunity

      Restaurant with full commercial kitchen, bars, and recent remodel.
      370 East Main Street, Ansonia, CT 06401
      View Details
    • $150,000

      Ansonia Restaurant and Lounge

      Turnkey restaurant and lounge with immediate marketability in Ansonia.
      232 Main Street #1, Ansonia, CT 06401
      View Details
    • $600,000

      Updated Three-Family Property

      Well-maintained, updated three-family property with modern amenities.
      81 Myrtle Ave, Ansonia, CT 06401
      View Details
    • $525,000

      Well-Maintained Two-Unit Property

      Two-unit property with updates, expansion potential, and off-street parking.
      20 Columbia St, Ansonia, CT 06401
      View Details
    • $1,250,000

      Ansonia Mixed-Use Investment Opportunity

      Well-maintained mixed-use property with commercial and residential units in Ansonia.
      232 Main Street, Ansonia, CT 06401
      View Details
    • $1,500,000

      Ansonia Mixed-Use Investment Opportunity

      Well-maintained mixed-use property with commercial and residential units in Ansonia.
      232 Main Street, Ansonia, CT 06401
      View Details
    • $150,000

      Restaurant Opportunity on Main Street

      Fully operational Mexican restaurant with high visibility on Main Street.
      317 Main Street, Ansonia, CT 06401
      View Details

    FAQs

    What type of property is this?
    Shopping center - 177,320 SF shopping center with redevelopment potential.
    Where is this shopping center located?
    The property is located at 409 Main St Ansonia, CT.
    What is the asking price?
    The asking price for this property is $15,950,000.
    What are key features of this property?
    This property features: Anchored by Marshalls with Target across the street, plus proximity to ShopRite, BJ’s, Panera, Aldi, Starbucks, and McDonald’s.; 177,320 SF single‑story shopping center on ~15 acre lot.; Offered at below replacement cost.
    (516) 647-7155 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Stephen R. Preuss
    Stephen R. Preuss
    Real Estate License ID: NY 10401272716
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!