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Retail and Office Spaces Available
For Lease
$950/Mo

163 S Broad St, Stonington, CT 06379

Well-maintained plaza with retail and office spaces for lease.

Space SizeContact for details
Property Size10,100 SF
Lot Size3.06 Acres
Days on Market164

Property Features for 163 S Broad St

General Information

Standard status Active
Size 10,100 SF
Lot size 3.06 Acres
Property subtype Commercial

Building Details

Building Size 10,100 SF
Year Built 1972
Stories 1
Listing Agency: Signature Properties of N.E.
Listed By: Norman B. Peck · License #RES.0528743
Source: Elliman
Added: Mar 11 Changed: Aug 12 Last Checked: Aug 21 at 12:01PM

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 Properties of N.E.

Investment Insights

Based on property information with market context.

Two spaces are available for lease in a well-maintained plaza. One space offers 800 square feet at $900 per month plus utilities, while the other provides 1,600 square feet at $1,800 per month plus utilities. The property is highly visible on South Broad Street, also known as Route 1. It is located next door to the Stonington Police Department and across from Stonington High School and the VFW. The spaces are air conditioned and benefit from public water and sewer services, as well as natural gas. Permitted uses include retail, office, wholesale, restaurant, assembly hall, financial, and recreation. Uses by special permit include pool hall, night club, laundry, liquor store, school, family entertainment, wellness center, and medical.

Key Highlights

  • Highly visible location on South Broad Street (Route 1)
  • Versatile permitted uses including retail, office, wholesale, and restaurant
  • Two spaces available: 800sf and 1,600sf

Property Analytics

Current Use

Tara Crossley Realtor Real Estate Agency

Suggested Use

Top Pick Dental Office HVAC Service Real Estate Agency Parking Lot & Garage Storage Facility Carpet & Flooring 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

NNN (Triple Net)
Lease Type
$1.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
6,362 visits/mo 0.4 miles
Sunoco Shops & Services
4,986 visits/mo 0.5 miles

Demographics for 06379, CT

8,813
Population
4,216
Households
2.1
Avg Household Size
46
Median Age
41%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
722
Density / Sq Mi
$87,352
Median Household Income
$53,617
Median Earnings
$1,183
Median Rent
$364,700
Median Home Value

Market

Lease Benchmarks for Stonington, CT

$32.77 /SF/Yr
Avg Asking Price
$1.13–$66 /SF/Yr
Price Range
7,799 SF
Avg Space Size

This space is priced 78% below the average of $32.77 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Well-maintained plaza with retail and office spaces for lease.
Where is this retail space located?
The property is located at 163 S Broad St Stonington, CT.
What is the lease rate?
The lease rate is $950/Mo.
What are key features of this property?
This property features: Highly visible location on South Broad Street (Route 1); Versatile permitted uses including retail, office, wholesale, and restaurant; Two spaces available: 800sf and 1,600sf
More about this property
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