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First-Floor Retail Space
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162 Spencer Street, Manchester, CT 06040

Four-room commercial layout with a kitchenette, full bath, and basement supports office or retail use.

Property Size784 SF
Price / SF$2.93
Days on Market3

Property Features for 162 Spencer Street

General Information

Standard status Active
Size 784 SF
Property subtype Commercial

Additional Details

Floor First floor
Utilities to Site Yes

Building Details

Year Built 1945
Listing Agency: Brass Key Realty, LLC
Listed By: Nancy Jacques · License #REB.0757039
Source: Lockandkeyre
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 13 at 2:39PM

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 Brass Key Realty, LLC

Investment Insights

Based on property information with market context.

This 784-square-foot first-floor commercial space is configured with four rooms, a full bathroom, and a kitchenette area. A full basement provides additional on-site space, while the layout supports either office or retail use. The property was built in 1945 and includes electric, water, sewer, and lawn care in the stated occupancy arrangement. Located at 162 Spencer Street in Manchester, Connecticut, the space is near 384. Its combination of multiple rooms, ground-level placement, and supporting basement area provides a practical format for a compact commercial operation.

Key Highlights

  • 784‑square‑foot commercial space
  • First‑floor layout with 4 rooms
  • Full bathroom and kitchenette area

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby

Demographics for 06040, CT

35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Four-room commercial layout with a kitchenette, full bath, and basement supports office or retail use.
Where is this retail space located?
The property is located at 162 Spencer Street Manchester, CT.
What are key features of this property?
This property features: 784‑square‑foot commercial space; First‑floor layout with 4 rooms; Full bathroom and kitchenette area
More about this property
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