Add Listing
    For Lease
    • 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

    2450 Main St Glastonbury, CT 06033

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

    Multiple retail/office spaces for rent in Glastonbury, CT.

    Property size:
    1,100 SF
    Lot size:
    1.79 Acres

    Property Features for 2450 Main St

    General Information

    Size
    1,100 SF
    Lot size
    1.79 Acres

    We can help!

    Listing Contact
    Robert Gaucher
    Robert Gaucher
    Source: Moodyscre

    Listing Agent: Robert Gaucher

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

    Learn more

    Property Insight Report

    Overview

    Glastonbury Retail/Office Space Available

    Multiple office and retail spaces are available within a 2-story building encompassing approximately 28,681 square feet. The property is situated on a 1.79-acre lot and features 119 feet of frontage on Main Street and 162 feet of frontage on Welles Street. There are 87 parking spaces available. The zoning is CD. The location is near Route 2, Exit 8. One available space is approximately 1,100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nimesh Patel Dental Office Glastonbury Kickboxing Gym & Fitness Center Baja's Fresh Grill Restaurant Dr. Elizabeth L. ... Dental Office Naughty Shaman Center ... Gym & Fitness Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glastonbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6083949
    Latitude
    41.7135244

    Nearby Similar for Lease

    • $1,750 /Mo
      700 SF

      Downtown Glastonbury Office Space

      Two-room office suite in downtown Glastonbury, heat included.
      2239 Main St Unit, Glastonbury, CT 06033
      View Details
    • $13 SF/Yr
      6,600 SF

      Glastonbury Flex Space Available

      6,600 SF flex space with office in Glastonbury.
      80 Sequin Dr, Glastonbury, CT 06033
      View Details
    • $32 SF/Yr
      1,543 SF

      Retail Space in Glastonbury Center

      Retail property for lease with immediate highway access.
      119 Hebron Ave, Glastonbury, CT 06033
      View Details
    • $18 SF/Yr
      2,763 SF

      Glastonbury Office Space For Rent

      Office space for lease with immediate access to Route 2.
      55 Nye Rd, Glastonbury, CT 06033
      View Details
    • $26 SF/Yr
      890 SF

      Retail Space in Town Center

      Retail spaces available in prime Town Center location.
      30 Welles St, Glastonbury, CT 06033
      View Details
    • $21 SF/Yr
      1,770 SF

      Glastonbury Office Space For Rent

      Office spaces in renovated building, downtown Glastonbury location.
      131 New London Tpke, Glastonbury, CT 06033
      View Details
    • $2,350 /Mo
      120 SF

      Glastonbury Center Office Space

      Prestigious office space in the heart of Glastonbury Center.
      212 New London Tpke, Glastonbury, CT 06033
      View Details
    • $26 SF/Yr
      7,048 SF

      Updated Commercial Building For Lease

      7,048 SF commercial building with updated interior and ample parking.
      232 Williams St, Glastonbury, CT 06033
      View Details
    • $1,750 /Mo
      700 SF

      Downtown Glastonbury Office Space Available

      Two-room office suite in downtown Glastonbury with private entrance.
      2239 Main St, Glastonbury, CT 06033
      View Details
    • $16 SF/Yr

      Glastonbury Office Space For Rent

      Office space available in a convenient Glastonbury location.
      99 Citizens Dr, Glastonbury, CT 06033
      View Details
    • Contact for pricing
      7,113 SF

      Class A Office Space Available

      Office space for lease in Glastonbury, Connecticut.
      655 Winding Brook Dr, Glastonbury, CT 06033
      View Details
    • Contact for pricing
      5,000 SF

      Retail and Restaurant Space Available

      Outdoor town square with regional and national stores and restaurants.
      140 Glastonbury Blvd, Glastonbury, CT 06033
      View Details

    FAQs

    What type of property is this?
    Retail space - Multiple retail/office spaces for rent in Glastonbury, CT.
    Where is this retail space located?
    The property is located at 2450 Main St Glastonbury, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location with frontage on both Main St (119') and Welles St (162').; - Ample parking with 87 spaces.; - Convenient access to Route 2, Exit 8.
    (860) 721-0033 Call to check price and availability
    Request Owner's contact information
    2450 Main St Glastonbury, CT 06033
    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.
    2450 Main St
    Glastonbury, CT 06033
    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
    2450 Main St Glastonbury, CT 06033
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Gaucher
    Robert Gaucher
    (860) 721-0033 (860) 841-0774 (860) 761-6007
    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!