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    Stratford Retail Building For Sale Title is generated by Realmo AI

    3680 Main Street, Stratford, CT 06614

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    11,440 SF retail building in Stratford's commercial corridor.

    Type:Commercial
    Property size:
    11,440 SF
    Lot size:
    0.27 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 20 at 5:29 pm

    Property Features for 3680 Main Street

    General Information

    Standard status
    Active
    Size
    11,440 SF
    Lot size
    0.27 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    Lisa Ronzello

    Listing agent Lisa Ronzello License #RES.0776279

    Listing office Coldwell Banker Realty

    Listing date Apr 2, 2026

    Source Iverty

    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

    HighLights

    • High‑visibility location on Main Street in Stratford's established retail corridor.
    • Large, flexible 11,440 sq ft single‑story building suitable for diverse commercial uses.
    • Zoned CC - Commercial District, permitting retail, medical, professional, financial, and restaurant uses.
    • Convenient access to major transportation routes (I‑95, Route 1) and proximity to the Stratford Metro‑North train station.
    • On‑site surface parking and strong street presence.
    • Public utilities (water, sewer, electric, natural gas) and commercial rooftop HVAC systems.

    Overview

    Located at 3680 Main Street in Stratford, Connecticut, this commercial building offers an exceptional opportunity for acquisition or lease. Formerly a Rite Aid pharmacy, the single-story retail building encompasses approximately 11,440 square feet and is situated on a 0.27-acre commercially zoned parcel. The property is located within Stratford's established retail corridor along Main Street. The building features a flexible open retail floor plan, complemented by back-of-house space suitable for storage, offices, and employee areas. The property is well-suited for a wide range of commercial uses. The building benefits from strong street presence, convenient customer access, and on-site surface parking. It is serviced by public water, public sewer, municipal electric, and natural gas, and equipped with commercial rooftop HVAC systems. Zoned CC - Commercial District, the site accommodates numerous potential uses, including retail, medical offices, professional services, financial institutions, restaurants, and other commercial concepts. The property benefits from proximity to major transportation routes including Interstate 95 and Route 1, and is located approximately 1.2 miles from the Stratford Metro-North train station, providing convenient regional access between New Haven and New York City.
    Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Rite Aid Photo (Bike/Boat/Book/etc) Store Joseph Seibert Pharmacy higi Medical Clinic

    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.

    Similar Places Nearby

    • Walgreens Pharmacy — 1606 Barnum Ave, Stratford, CT 06614
    • Benny Michael — 1606 Barnum Ave, Stratford, CT 066145301
    • Mary Fisher — 1606 Barnum Ave, Stratford, CT 06614
    • Angela Nikitas — 1606 Barnum Ave, Stratford, CT 066145301
    • Davinci Studios Beauty Bar — 2408 Main St, Stratford, CT 06615

    Location Insight

    • Map
    • Local Demand
    City
    Stratford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.129283
    Latitude
    41.210408

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    FAQs

    What type of property is this?
    Drug store - 11,440 SF retail building in Stratford's commercial corridor.
    Where is this drug store located?
    The property is located at 3680 Main Street Stratford, CT.
    What are key features of this property?
    This property features: High‑visibility location on Main Street in Stratford's established retail corridor.; Large, flexible 11,440 sq ft single‑story building suitable for diverse commercial uses.; Zoned CC - Commercial District, permitting retail, medical, professional, financial, and restaurant uses.
    (860) 422-5666
    We can help!
    Listing Contact
    Lisa Ronzello
    Real Estate License ID: RES.0776279
    Learn More
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    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
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