Restaurant Building with Loading
For Sale
$1,375,000
1209 Main Street, East Hartford, CT 06108
B-5 zoning and substantial basement space provide added flexibility for business operations and storage.
Property Size5,512 SF
Lot Size1.08 Acres
Price / SF$249.46
Days on Market125
Property Features for 1209 Main Street
General Information
Standard status
Active
Size
5,512 SF
Total Parking Spaces
75
Lot size
1.08 Acres
Property subtype
Commercial
Zoning
B-5
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
exterior loading dock
Building Details
Building Size
5,512 SF
Year Built
1969
Buildings
1
Units
1
Listing Agency:
Sam Galatas
Listed By:
Sam Galatas
(201) 220-9896
Source:
Daveluzi
Added: Jun 22
Changed: Oct 24
Last Checked: Oct 24 at 3:04PM
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 Sam Galatas
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Investment Insights
Based on property information with market context.
This restaurant-classified commercial property contains approximately 5,512 square feet above grade, with an additional 5,512 square feet in the basement. The building dates to 1969 and includes an exterior loading dock. Its B-5 zoning designation is identified as Central Business District zoning, and the property is situated on a 1.08-acre parcel with approximately 75 on-site parking spaces.
The property fronts Main Street in East Hartford, with 136 feet of frontage. Regional access includes Interstate 84 and Interstate 91, as well as routes to downtown Hartford. The stated zoning supports a range of commercial uses, including retail, office, medical, and service businesses.
The property fronts Main Street in East Hartford, with 136 feet of frontage. Regional access includes Interstate 84 and Interstate 91, as well as routes to downtown Hartford. The stated zoning supports a range of commercial uses, including retail, office, medical, and service businesses.
Key Highlights
- 5,512 square feet of above‑grade space and an additional 5,512 square feet in the basement
- 1.08‑acre parcel with approximately 75 on‑site parking spaces
- 136 feet of frontage along Main Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,023
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,460
$1.5M
Cap Rate 7%
$1,043,186
$1.0M
Cap Rate 9%
$811,367
$811.4K
Market Conditions
NOI Build-Up for 5,512 SF
Gross rent
$105.8K $19.20/SF
− Vacancy
−$8.5K −$1.54/SF
EGI
$97.4K $17.66/SF
− OpEx
−$24.3K −$4.42/SF
NOI
$73.0K $13.25/SF
Area
Hartford, CT
Vacancy
8.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,460
Cap Rate 7%
$1,043,186
Cap Rate 9%
$811,367
Alternative Uses
Best Use
Specialty Retail
$1.04M
$912.8K – $1.22M
NOI $73,023 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $115,008 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,868
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 31%
Hotels & Casinos 25%
Dunkin' Donuts
Dining
8,568 visits/mo
0.3 miles
Residence Inn Hartford Downtown
Hotels & Casinos
5,281 visits/mo
0.3 miles
Citgo
Shops & Services
4,262 visits/mo
0.4 miles
Citgo
Shops & Services
3,588 visits/mo
0.5 miles
Dunkin' Donuts
Dining
2,614 visits/mo
0.4 miles
Demographics for 06108, CT
24,201
Population
9,963
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
85%
High-School Grad
8.1 sq mi
ZIP Area
2,988
Density / Sq Mi
$55,766
Median Household Income
$35,801
Median Earnings
$1,161
Median Rent
$218,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Two Coconuts Restaurant — 942 Main St, Hartford, CT 06103
- The Place 2 Be — 5 Constitution Plaza, Hartford, CT 06103
- Aqui Me Quedo Restaurant II — 150 Albany Ave, Hartford, CT 06120
Frequently Asked Questions
What type of property is this?
Breakfast & diner - B-5 zoning and substantial basement space provide added flexibility for business operations and storage.
Where is this breakfast & diner located?
The property is located at 1209 Main Street East Hartford, CT.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 5,512 square feet of above‑grade space and an additional 5,512 square feet in the basement; 1.08‑acre parcel with approximately 75 on‑site parking spaces; 136 feet of frontage along Main Street
