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Retail Space in Commercial Condominium
For Sale
Contact for pricing
Pending

172 West Street, Litchfield, CT 06759

Includes the real property and an established paint and wallpaper business; inventory is excluded.

Property SizeContact for details
Days on Market144

Property Features for 172 West Street

General Information

Standard status Pending
Property subtype Retail

Financials

Asking Price $499,000
Business Included Yes
Listing Agency: Coldwell Banker Brokerage Ridgefield
Listed By: David Dean · License #CT REB0751253
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 30 at 4:24PM

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 Coldwell Banker Brokerage Ridgefield

Investment Insights

Based on property information with market context.

The offering combines a commercial condominium at 172 West Street in Litchfield, Connecticut, with the established Litchfield Paint & Wallpaper business. The transaction includes the real property and operating business, while inventory is excluded. The property is classified as retail space and is positioned for continued storefront use. Business financial information may be reviewed after execution of a nondisclosure agreement. The sale provides an opportunity to acquire an existing retail operation together with its associated commercial condominium, subject to the stated inventory and confidentiality terms.

Key Highlights

  • Commercial condominium included with the sale
  • Established Litchfield Paint & Wallpaper business included
  • Inventory is excluded from the transaction

Property Analytics

Current Use

The Evolving Center, LLC Gym & Fitness Center Litchfield Paint Co. ... Hardware & Home Improvement

Suggested Use

Top Pick Auto Parts Store Plumbing Service Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

456
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 30%
Ocean State Job Lot Shops & Services
12,678 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,740 visits/mo 0.2 miles
Sunoco Shops & Services
9,277 visits/mo 0.2 miles
Hometown Pizza Dining
3,570 visits/mo 0.2 miles
Shell Shops & Services
3,299 visits/mo 0.2 miles

Demographics for 06759, CT

5,729
Population
2,885
Households
2
Avg Household Size
51
Median Age
57%
College-Educated
97%
High-School Grad
53.7 sq mi
ZIP Area
107
Density / Sq Mi
$113,472
Median Household Income
$57,329
Median Earnings
$1,313
Median Rent
$430,100
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Retail space - Includes the real property and an established paint and wallpaper business; inventory is excluded.
Where is this retail space located?
The property is located at 172 West Street Litchfield, CT.
What are key features of this property?
This property features: Commercial condominium included with the sale; Established Litchfield Paint & Wallpaper business included; Inventory is excluded from the transaction
More about this property
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