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Former Municipal Office Building
For Sale
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3 Main Street, Newtown, CT 06470

Two-story former municipal building with about 56 parking spaces on a highly visible Main Street site.

Property Size18,528 SF
Lot Size1.20 Acres
Price / SF$70.11
Days on Market51

Property Features for 3 Main Street

General Information

Standard status Active
Size 18,528 SF
Total Parking Spaces 56
Lot size 1.20 Acres
Property subtype Retail, Office
Zoning B 1/2
Investment Type Redevelopment

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Building Details

Year Built 1950
Stories 2
Listing Agency: Advantage Realty Commercial Inc
Listed By: Chris Cosio · License #CT 0806068
Source: Crexi
Added: Jul 17 Changed: Sep 4 Last Checked: Sep 3 at 8:23AM

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 Advantage Realty Commercial Inc

Investment Insights

Based on property information with market context.

The property is an approximately 18,528-square-foot, two-story former municipal building with about 56 existing parking spaces. The building is served by municipal water and sewer and is described as requiring substantial renovation, creating a redevelopment and repositioning opportunity for an owner-user or investor (subject to applicable approvals).

Located on a highly visible Main Street site in Newtown, Connecticut, the property offers convenient access to Route 25 and I-84. It is positioned near town retail, dining, and municipal amenities.

The site is approximately 1.2 acres and is presented as supporting flexible redevelopment possibilities, depending on approvals. The offering is a value-add redevelopment of a prominent, centrally located building.

Key Highlights

  • Former municipal building with about 18,528 SF in Newtown, CT
  • Two‑story structure built in 1950 with municipal water and sewer service
  • Approximately 1.2‑acre site with about 56 existing parking spaces

Property Analytics

Current Use

Town Hall South City Hall

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Garden Center Storage Facility Plumbing Service

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 06470, CT

16,284
Population
5,577
Households
2.9
Avg Household Size
45
Median Age
55%
College-Educated
95%
High-School Grad
37.2 sq mi
ZIP Area
438
Density / Sq Mi
$149,933
Median Household Income
$66,615
Median Earnings
$2,000
Median Rent
$514,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story former municipal building with about 56 parking spaces on a highly visible Main Street site.
Where is this office building located?
The property is located at 3 Main Street Newtown, CT.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Former municipal building with about 18,528 SF in Newtown, CT; Two‑story structure built in 1950 with municipal water and sewer service; Approximately 1.2‑acre site with about 56 existing parking spaces
(203) 798-9345 Call to check price and availability
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