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

    146 Shield Street West Hartford, CT 6110

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $230,000

    Profitable laundromat business for sale in West Hartford, Connecticut.

    Type:Commercial
    Property size:
    4,900 SF
    Added:
    Dec 17, 2025
    Days on Market:
    105
    Last Refresh:
    Mar 26 at 1:38 am

    Property Features for 146 Shield Street

    General Information

    Standard status
    Active
    Size
    4,900 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1953

    We can help!

    Listing Contact
    HUIMING HUANG

    Listing agent HUIMING HUANG

    Listing office Signature Realty LLC

    Listing date Dec 17, 2025

    Source Corcoran

    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 Signature Realty LLC

    Overview

    Established Laundromat Business Opportunity

    An established laundromat business is available for acquisition in West Hartford, Connecticut. Known as Super Laundromat, this income-producing business has demonstrated consistent demand and recession resistance. The turnkey operation benefits from a loyal customer base and a convenient location. The property size is 4900 square feet. This business presents an opportunity for both owner-operators and investors seeking a dependable business with long-term growth potential. It is positioned as a solid addition to any investment portfolio in a strong, stable market.
    Location Intelligence

    Current Use by Public Records

    nail supply Paintings Store Super Laundromat (Bike/Boat/Book/etc) Store Laundromat (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7192
    Latitude
    41.7279

    Nearby Similar for Sale

    • $985,000
      10,084 SF

      Industrial Building Near I-84

      10,084 SF industrial building with warehouse and office space.
      453 New Park Ave, West Hartford, CT
      View Details
    • $4,000,000
      30,000 SF

      West Hartford Building For Lease

      30,000 SF building ideal for medical, office, or retail.
      830 Farmington Ave, West Hartford, CT
      View Details
    • $1,985,000
      11,345 SF

      West Hartford Tenanted Office Building

      Fully tenanted office building near West Hartford Center.
      1216 Farmington Ave, West Hartford, CT
      View Details
    • $199,000

      Established Nail Salon Business Opportunity

      Thriving nail salon business for sale in West Hartford.
      74 Park Road #3, West Hartford, CT 06105
      View Details
    • $2,000

      Spacious Duplex in West Hartford

      Two-bedroom duplex with modern amenities in a quiet neighborhood.
      56 Mozart Street, West Hartford, CT 06110
      View Details
    • Contact for pricing

      Renovated Two-Family Home

      Recently renovated two-family home with generous backyard.
      37 Caya Avenue, West Hartford, CT 06110
      View Details
    • $9,000,000
      12,060 SF

      West Hartford Retail Building For Sale

      High-end retail building 100% leased to three restaurant tenants.
      960-966 Farmington Ave, West Hartford, CT
      View Details
    • Contact for pricing
      15,100 SF

      Medical Office Building Near Hospital

      15,100 SF medical office building near Saint Francis Hospital.
      81 Gillette St, West Hartford, CT 06119
      View Details

    FAQs

    What type of property is this?
    Retail space - Profitable laundromat business for sale in West Hartford, Connecticut.
    Where is this retail space located?
    The property is located at 146 Shield Street West Hartford, CT.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: Proven, income‑producing laundromat business with consistent demand.; Turnkey operation with a loyal customer base and steady cash flow.; Located in the sought‑after community of West Hartford, Connecticut.
    (413) 333-8216
    We can help!
    Listing Contact
    HUIMING HUANG
    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!