Add Listing
    For Sale
    • 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

    399 North Main St Naugatuck, CT 06770

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $75,000

    Profitable business with high visibility in a growing community.

    Property Features for 399 North Main St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Daniel Zandvliet
    Source: Corcoran

    Listing Agency: Coldwell Banker Realty 2000 Listing Agent: Daniel Zandvliet

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Business Opportunity in Naugatuck

    This established business, operational for over eight years, is located in Naugatuck and offers high visibility and accessibility from a major highway and Main Street. Situated near local parks and a scenic river walk, the property benefits from ongoing revitalization efforts in the area. A new train station is planned, and an Amazon distribution facility is located less than a mile away, potentially increasing traffic and business opportunities. Monthly income ranges between $20,000 and $40,000, with full financials available upon signing a confidentiality agreement. This is a turnkey business opportunity in a thriving and expanding community.
    Location Intelligence

    Current Use by Public Records

    Living Right Health ... Specialty Food Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Naugatuck
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.046864
    Latitude
    41.50181

    Nearby Similar for Sale

    • New
      $425,000
      Pending

      Naugatuck Ranch with Multi-Use Zoning

      4-acre ranch in Naugatuck, CT, with special zoning designation.
      848 New Haven Rd, Naugatuck, CT 06770
      View Details
    • New
      $549,000
      3,429 SF

      Well-Maintained Naugatuck Multi-Family Property

      Updated 4-family property near downtown Naugatuck with steady rental income.
      128 Millville Ave, Naugatuck, CT 06770
      View Details
    • $599,000
      2,640 SF

      Mixed-Use Property in Naugatuck

      Mixed-use property with retail, greenhouses, and residential units.
      671 Rubber Ave, Naugatuck, CT 06770
      View Details
    • $599,000
      3,960 SF

      Naugatuck Mixed-Use Investment Opportunity

      Established business with retail, greenhouses, and residential income.
      671 Rubber Ave, Naugatuck, CT 06770
      View Details
    • $390,000
      3,080 SF

      Naugatuck Two-Family Investment Opportunity

      Two-family property in Naugatuck with income and value-add potential.
      231 N Main St, Naugatuck, CT 06770
      View Details
    • New
      $294,900
      Pending

      Naugatuck Two-Family House For Sale

      Two-family house in Naugatuck, Connecticut, with investor potential.
      150 Scott St, Naugatuck, CT 06770
      View Details
    • $75,000

      Turnkey Business Opportunity in Naugatuck

      Profitable business with high visibility in a growing community.
      399 North Main St, Naugatuck, CT 06770
      View Details
    • $2,650,000

      Gas Station with Renovated Building

      High-volume gas station with a long-term fuel contract.
      711 Rubber Ave, Naugatuck, CT 06770
      View Details
    • $450,000

      Former Funeral Home on Route 63

      Well-maintained building with high visibility and many potential uses.
      201 Meadow St, Naugatuck, CT 06770
      View Details
    • $360,000
      Pending

      Naugatuck Specialty Property For Sale

      Specialty property available for purchase in Naugatuck, Connecticut.
      75 Allerton Rd, Naugatuck, CT 06770
      View Details
    • $450,000
      3,875 SF

      Former Funeral Home on Route 63

      Well-maintained, high-visibility building suitable for many uses.
      201 Meadow St, Naugatuck, CT 06770
      View Details
    • Contact for pricing
      6,000 SF

      Established Bank Branch For Sale

      Bank branch with a long operating history and large deposits.
      333 Church St, Naugatuck, CT 06770
      View Details

    FAQs

    What type of property is this?
    NNN property - Profitable business with high visibility in a growing community.
    Where is this nnn property located?
    The property is located at 399 North Main St Naugatuck, CT.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Profitable, turnkey business with established 8+ year history.; - High visibility and easy access location off major highway and Main Street.; - **Strong income potential: $20,000 - $40,000 monthly.**
    (203) 706-1222
    Request Owner's contact information
    399 North Main St Naugatuck, CT 06770
    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.
    399 North Main St
    Naugatuck, CT 06770
    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
    399 North Main St Naugatuck, CT 06770
    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

    We can help!
    Listing Contact
    Daniel Zandvliet
    (203) 706-1222
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!