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Former Bank Retail Space
New
For Sale
$324,900

164 Route 66, Columbia, CT 06237

The former bank property is in a Mixed-Use district, with retail and office uses identified as possibilities.

Property Size1,974 SF
Days on Market5

Property Features for 164 Route 66

General Information

Standard status Active
Size 1,974 SF
Property subtype Commercial
Zoning Mixed-Use district
Lease Term Listing ID: 24213650, Standard Status: Active, MLS Status: Active, 2 days on market

Additional Details

Road Access Yes

Building Details

Building Size 1,974 SF
Year Built 1974
Listing Agency: Ferrigno-Willimantic REALTORS
Listed By: Robert Ferrigno · License #REB.0754269
Source: Iverty
Added: Oct 12 Changed: Oct 15 Last Checked: Oct 15 at 1:57AM

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 Ferrigno-Willimantic REALTORS

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Investment Insights

Based on property information with market context.

This retail property was built in 1974 and previously operated as a bank. Retail, office, and storefront uses are identified as possibilities in the property information; confirm permitted uses with the Town of Columbia under the applicable zoning regulations.

The property is at 164 Route 66, also known as Middletown Road, in Columbia. Columbia Center, the Post Office, a school, and Town Offices are nearby.

Key Highlights

  • Former bank property built in 1974
  • Located in a Mixed‑Use district; zoning regulations reference Sec. 33.1 and 33.2
  • Address: 164 Route 66, Columbia, CT 06237

Property Analytics

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Current Use

Rose Brothers Garage Auto Repair Shop

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Pharmacy Real Estate Agency Garden Center Bakery

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
Paved road access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 06237, CT

5,272
Population
2,218
Households
2.4
Avg Household Size
49
Median Age
33%
College-Educated
88%
High-School Grad
21.4 sq mi
ZIP Area
246
Density / Sq Mi
$122,500
Median Household Income
$61,593
Median Earnings
$869
Median Rent
$321,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Frequently Asked Questions

What type of property is this?
Retail space - The former bank property is in a Mixed-Use district, with retail and office uses identified as possibilities.
Where is this retail space located?
The property is located at 164 Route 66 Columbia, CT.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Former bank property built in 1974; Located in a Mixed‑Use district; zoning regulations reference Sec. 33.1 and 33.2; Address: 164 Route 66, Columbia, CT 06237
More about this property
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