Retail/Office Space on Route
For Lease
$950/Mo
163 South Broad Street, Stonington, CT 06379
Well-maintained plaza with spaces for lease on South Broad.
Space SizeContact for details
Lot Size3.06 Acres
Days on Market673
Property Features for 163 South Broad Street
General Information
Standard status
Active
Lot size
3.06 Acres
Property subtype
Commercial
Amenities
Central air
Central Air Cooling
Flat Roof
Hot Air Heating
Off Street Parking
Paved
Tar/Gravel Roof
Building Details
Year Built
1972
Listing Agency:
Signature Properties of N.E.
(860) 447-8839
Listed By:
NORMAN PECK · License #RES.0528743
Source:
Corcoran
Added: Oct 9, 2024
Changed: Aug 8
Last Checked: Aug 8 at 12:04PM
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 Signature Properties of N.E.
Investment Insights
Based on property information with market context.
This well-maintained plaza offers two spaces for lease. One space is 800 square feet at $900 per month plus utilities, and the other is 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 property is air conditioned and features public water and sewer services, as well as natural gas. Permitted uses include retail, office, wholesale, restaurant, assembly hall, financial, and recreation. Uses permitted 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).
- Two spaces available: 800sf @ $900/mo or 1,600sf @ $1,800/mo (plus utilities).
- Permitted uses include Retail, Office, Wholesale, Restaurant, and more.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.17 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
122
Businesses Nearby
Explore this area
Business Placement
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 97% below the average of $32.77 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Well-maintained plaza with spaces for lease on South Broad.
Where is this retail space located?
The property is located at 163 South Broad Street 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).; Two spaces available: 800sf @ $900/mo or 1,600sf @ $1,800/mo (plus utilities).; Permitted uses include Retail, Office, Wholesale, Restaurant, and more.
