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    123 S Main St Newtown, CT 06470

    For Lease
    $1,750 /Mo

    915 SF garage/office space in fully rented shopping center.

    Lot size:
    3.66 Acres

    Property Features for 123 S Main St

    General Information

    Lot size
    3.66 Acres

    Building Details

    Year built
    2007

    Source: BHGRE Gaetano Marra Homes Agent William Piccirillo

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

    Overview

    Highland Plaza Retail Space

    Highland Plaza, located at 123 South Main Street, is a fully rented shopping center. The available unit is approximately 915 rentable square feet and is located on the first floor of the building. This unit is a garage/office space suitable for various businesses. The location offers visibility and easy access.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kait Taylor Salon Hair Salon Nanavaty Davenport Studley ... Accounting Firm Danbury Hobby Center Hobby Store Familia Bleecker Street ... Restaurant Blush & Co. Salon Hair Salon

    Suggested Use

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

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

    Similar Places Nearby

    Rickys Shopping Center, South Main Street Marketplace, Highland Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Newtown
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.287096
    Latitude
    41.389505

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    FAQs

    What type of property is this?
    Shopping center - 915 SF garage/office space in fully rented shopping center.
    Where is this shopping center located?
    The property is located at 123 S Main St Newtown, CT.
    What are key features of this property?
    This property features: - Great location with easy access and visibility.; - Fully rented Highland Plaza shopping center indicates established business and potential customer traffic.; - Approximately 915 rentable square feet of garage/office space.
    (203) 948-0428
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    123 S Main St Newtown, CT 06470
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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
    123 S Main St Newtown, CT 06470
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