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

    4 Main St New Milford, CT 06776

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $600 /Mo ($30 SF/Yr)

    Private office space in a prime downtown location.

    Property size:
    240 SF
    Lot size:
    0.25 Acres

    Property Features for 4 Main St

    General Information

    Standard status
    Active
    Size
    240 SF
    Lot size
    0.25 Acres

    Building Details

    Year built
    1780

    We can help!

    Listing Contact
    Brandy Granata
    Brandy Granata
    Source: Corcoran

    Listing Agency: Coldwell Banker Realty Listing Agent: Brandy Granata

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

    Learn more

    Overview

    Downtown Office Space on Green

    Located on Main Street in New Milford, this second-floor office space offers ample natural light with large windows overlooking the Green. The property provides a professional setting in a prime downtown location. The available space includes one private office; additional offices or configurations may be available. All utilities are included. The location offers visibility and convenience, with a quiet, professional atmosphere. The property is walkable to restaurants, shops, and local amenities. This space is suitable for therapists, consultants, attorneys, creatives, remote professionals, or anyone seeking a private and accessible work setting. One office is available on the first floor, and three additional offices are available upstairs. The property size is 240 square feet.
    Location Intelligence

    Current Use by Public Records

    Norcom Mortgage Loan Service New Milford Pediatrics, ... Pediatrician Kings Baseball LLC Sports Field & Court Info Plexus Inc. Computer & Electronic Repair Jennifer Kosanke-Kamp, LMFT, ... Psychotherapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4099224
    Latitude
    41.5774259

    Nearby Similar for Lease

    • New
      $1,200 /Mo
      900 SF

      New Milford Office Space Available

      Office space for lease near the Brookfield/New Milford border.
      568 Danbury Rd Unit 2, New Milford, CT 06776
      View Details
    • $500 /Mo

      Office or Storage Space Available

      Office or storage space available behind Sunoco on Route 202.
      11 Howland Rd, New Milford, CT 06776
      View Details
    • $20 SF/Yr
      1,818 SF

      Renovated Retail Building For Lease

      Highly visible, renovated retail space in New Milford, Connecticut.
      7 Kent Rd, New Milford, CT 06776
      View Details
    • $625 /Mo
      401 SF

      Move-in Ready Office Space Available

      Second-level office space with private bathroom and ample parking.
      219 Kent Rd, New Milford, CT 06776
      View Details
    • $7,350 /Mo

      Prime Retail/Office Space Available

      3,400+- SF retail/office space on Route 7, New Milford.
      46 Danbury Rd, New Milford, CT 06776
      View Details
    • $600 /Mo
      240 SF

      Office Space on New Milford Green

      First floor office space for rent in historic New Milford.
      4 Main St, New Milford, CT 06776
      View Details
    • $2,000 /Mo
      1,500 SF

      Equipped Commercial Kitchen in Church

      Fully equipped commercial kitchen for lease in downtown New Milford.
      11 Aspetuck Ave, New Milford, CT 06776
      View Details
    • $1,000 /Mo
      1,850 SF

      Three-Bay Garage with Storage

      Three-bay garage with additional storage near town.
      16 Prospect Hill Rd, New Milford, CT 06776
      View Details
    • $1,200 /Mo

      Office Space For Rent

      Spacious office space near Brookfield/New Milford border, close to I-84.
      568 Danbury Rd 2, New Milford, CT 06776
      View Details
    • $550 /Mo

      Well-Maintained Office Building on Route 202

      Nicely appointed office building with shared amenities available for rent.
      315 A Litchfield Rd, New Milford, CT 06776
      View Details
    • $1,100 /Mo
      800 SF

      Retail or Office Unit Available

      Ground level unit with parking, ideal for retail or office.
      6 East St, New Milford, CT 06776
      View Details
    • $15 SF/Yr
      1,513 SF

      New Milford Office Space Available

      Clean, bright office suites suitable for medical or professional use.
      15 Old Park Lane Rd, New Milford, CT 06776
      View Details

    FAQs

    What type of property is this?
    Office units - Private office space in a prime downtown location.
    Where is this office units located?
    The property is located at 4 Main St New Milford, CT.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location directly on the historic New Milford Green; - All utilities included in rent for predictable monthly expenses; - Quiet, professional atmosphere ideal for focused work
    (203) 788-0580
    Request Owner's contact information
    4 Main St New Milford, CT 06776
    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.
    4 Main St
    New Milford, CT 06776
    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
    4 Main St New Milford, CT 06776
    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
    Brandy Granata
    Brandy Granata
    (203) 788-0580 (860) 354-4111
    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!