Building Details

Building Size 1,980 SF

Year Built 1980

Listing Agency: Coldwell Banker Realty r***@yahoo.com Show Phone

Listed By: Tracy Gallagher · License #RES.0757340 Show Phone

Source: Iverty

Added: Apr 10 Changed: Aug 8 Last Checked: Apr 20 at 2:10PM

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Investment Insights

Based on property information with market context.

This 1,800-square-foot property presents an opportunity for retail or automotive businesses. The location may be suitable for a used car dealership or other retail ventures, subject to local regulations. The property is located near Ellington Airport property.

Key Highlights

• Potential for retail location or used car dealer
• Town offers many options for this location
• Backs up to Ellington Airport property

Property Analytics

Property Profile

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Bakery Kitchen & Bath Showroom Auto Repair Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Explore this area Business Placement

Demographics for 06029, CT

16,351

Population

6,726

Households

2.4

Avg Household Size

42

Median Age

49%

College-Educated

97%

High-School Grad

32.7 sq mi

ZIP Area

500

Density / Sq Mi

$125,216

Median Household Income

$67,537

Median Earnings

$1,681

Median Rent

$352,300

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail properties & spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Property suitable for retail or automotive use near Ellington Airport.

Where is this retail property located?

The property is located at 406 Somers Road Ellington, CT.

What is the asking price?

The asking price for this property is $365,000.

What are key features of this property?

This property features: Potential for retail location or used car dealer; Town offers many options for this location; Backs up to Ellington Airport property