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Renovated Conventional Restaurant
New
For Sale
$399,900

647 Stanley Street, New Britain, CT 06051

Commercial For Sale, New Britain, CT

Property Size1,150 SF
Lot Size0.18 Acres
Price / SF$347.74
Days on Market2

Property Features for 647 Stanley Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning T
Parking 12
Lot features Corner Lot, Level Lot
Directions Chestnut to Stanley, at the corner of Park
Standard status Active
Size 1,150 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 4298

Utilities

Sewer type Public Sewer
Heating system Other (Heating)
Water source Public

Amenities

security system with cameras & audio monitoring
central air/heat and mini-split A/C
commercial-grade security doors & window covers
two restrooms, one handicap accessible
additional kitchen
dishwashing station
break room/area
second full bath
enclosed storage area
storage closets with shelving

Building Details

Year built 1900
Floors in Building 1
Listing Agency: Golden Rule Realty
Listed By: Tony Marques
Added: Sep 16 Last Checked: Sep 17 at 3:06PM
MLS# 24206867

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,150-square-foot conventional restaurant property in New Britain includes an updated building on a 0.18-acre parcel. The improvements include two restrooms, with one fully handicap accessible, along with central air and heat and a 2,400 BTU mini-split A/C system. Commercial-grade security doors, window covers, and a monitored security system with cameras and audio are also in place.

The site features a newly paved parking area with space for over 12 cars. The lower level adds a second kitchen, dishwashing station, employee break area with seating, a second full bathroom, enclosed storage, and storage closets with shelving. The property was built in 1900, is zoned T, and is served by public water and public sewer.

Key Highlights

  • 1,150 SF conventional restaurant property on a 0.18‑acre parcel
  • Newly paved parking area with space for over 12 cars
  • Lower level includes a second kitchen and dishwashing station

Property Analytics

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Current Use

Jalao Restaurant

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Catering Service Daycare Center

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

1,164
Businesses Nearby
116k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 37% Dining 31% Groceries 20% Apparel 4%
McDonald's Dining
31,552 visits/mo 0.5 miles
Price Rite Groceries
22,745 visits/mo 0.2 miles
Dollar Tree Shops & Services
21,666 visits/mo 0.2 miles
Gulf Oil Shops & Services
7,234 visits/mo 0.3 miles
Citgo Shops & Services
5,695 visits/mo 0.4 miles

Demographics for 06051, CT

31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated restaurant property with paved parking, kitchen support space, and public utilities.
Where is this conventional restaurant located?
The property is located at 647 Stanley Street New Britain, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,150 SF conventional restaurant property on a 0.18‑acre parcel; Newly paved parking area with space for over 12 cars; Lower level includes a second kitchen and dishwashing station
More about this property
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