Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19 Derby Avenue Derby, CT 6418

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,500 /Mo

    Restaurant space with equipment on busy Derby Avenue.

    Type:Commercial
    Property size:
    1,632 SF
    Added:
    Mar 16, 2026
    Days on Market:
    31
    Last Refresh:
    Apr 1 at 8:54 pm

    Property Features for 19 Derby Avenue

    General Information

    Standard status
    Active
    Size
    1,632 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    JOE ROHINSKY

    Listing agent JOE ROHINSKY License #RES.0804776

    Listing office Coldwell Banker Realty

    Listing date Mar 16, 2026

    Source Corcoran

    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 Realty

    Overview

    Derby Avenue Restaurant Space Available

    This commercial space offers 1,600 square feet of finished area on the first floor, suitable for a deli or restaurant. Located on Derby Avenue, the property benefits from high traffic, with approximately 45,000 cars passing by daily. The space includes existing equipment such as a walk-in cooler, full-service deli cases, commercial-grade ovens, ice cream display cabinets, and an espresso machine. A bathroom is located within the unit. All upgrades have been completed to code, and recent health inspections have been conducted. The owner is seeking a multi-year lease and is open to long-term offers.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0804175
    Latitude
    41.3159255

    Nearby Similar for Lease

    • Contact for pricing

      Three-Bedroom Rental with Hardwood Floors

      Well-maintained three-bedroom rental with refinished hardwood floors and updated bathroom.
      301 Roosevelt Dr 1, Derby, CT 06418
      View Details
    • Contact for pricing

      Main-Level Apartment Near Parks

      Main-level apartment near parks and bus line, ideal for commuters.
      227 Olivia St 1st Floor, Derby, CT 06418
      View Details
    • Contact for pricing

      Downtown Retail Space For Lease

      Retail spaces in central downtown location with parking.
      101 Elizabeth St, Derby, CT
      View Details
    • Contact for pricing

      Freestanding Building on High-Traffic Road

      2,000 SF building on 1 acre, suitable for many uses.
      795 Roosevelt Dr, Derby, CT
      View Details
    • Contact for pricing

      Prime Retail Space Available

      High-traffic retail space suitable for various businesses.
      443 ROOSEVELT Drive, Derby, CT 06418
      View Details
    • Contact for pricing

      Finished Office Suite with Water Views

      2,400 SF office suite with water views available now.
      418 Roosevelt Dr, Derby, CT 06418
      View Details
    • Contact for pricing

      Retail Strip Center For Rent

      Neighborhood retail strip center with signalized entrance, Route 34.
      600 New Haven Ave, Derby, CT
      View Details
    • Contact for pricing

      Grocery-Anchored Shopping Center For Rent

      Shopping center anchored by a grocery store, located off Route 8.
      70-78 Pershing Dr, Derby, CT 06418
      View Details
    • Contact for pricing

      ShopRite Anchored Retail Space

      Retail space available in a ShopRite-anchored shopping center.
      49 Pershing Dr, Derby, CT
      View Details
    • $12/mo

      Versatile Commercial Space in Derby

      1,200 sq ft commercial space near downtown Derby, CT.
      45 Minerva St, Derby, CT 06418
      View Details
    • Contact for pricing

      Renovated Shopping Center Retail Spaces

      Highly visible, renovated shopping center with anchor and small shop spaces.
      656 New Haven Ave, Derby, CT 06418
      View Details
    • Contact for pricing

      Retail Opportunity in Derby, CT

      Retail space available for lease in Derby, Connecticut.
      540 New Haven Ave, Derby, CT
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant space with equipment on busy Derby Avenue.
    Where is this conventional restaurant located?
    The property is located at 19 Derby Avenue Derby, CT.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: High‑traffic location on Derby Ave with 45,000 cars passing daily.; Fully equipped deli space featuring a walk‑in cooler, deli cases, commercial ovens, ice cream display, and espresso machine.; 1600 sq ft of finished space.
    (203) 254-7100
    We can help!
    Listing Contact
    JOE ROHINSKY
    Real Estate License ID: RES.0804776
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!