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Renovated Restaurant Building
For Sale
$399,900

647 Stanley Street, New Britain, CT 06051

Updated restaurant property with lower-level food-service space, employee areas, storage, and a newly paved parking lot.

Property Size1,900 SF
Price / SF$347.74
Days on Market11

Property Features for 647 Stanley Street

General Information

Standard status Active
Size 1,900 SF
Property subtype Commercial
Lease Term Business Included YNN: Negotiable

Amenities

security system
central air/heat
mini-split A/C
commercial-grade security doors
window covers
handicap accessible restroom
additional kitchen
dishwashing station
break room
storage closets

Building Details

Building Size 1,900 SF
Year Built 1900
Listing Agency: Golden Rule Realty
Listed By: Tony Marques
Source: Iverty
Added: Sep 13 Changed: Sep 23 Last Checked: Sep 22 at 5:18PM

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 Golden Rule Realty

Investment Insights

Based on property information with market context.

This restaurant property at 647 Stanley Street includes 1,150 square feet of building area and was originally built in 1900. The building has been renovated with central air and heat, a 2,400 BTU mini-split A/C system, commercial security doors, window covers, and a monitored security system with cameras and audio. Two restrooms are provided, including one designed for handicap accessibility.

The lower level adds a kitchen, dishwashing station, employee break area with seating, a second full bathroom, enclosed storage, and storage closets with shelving. The recently paved parking lot provides space for over 12 cars. The property is located in New Britain, Connecticut.

Key Highlights

  • Renovated restaurant building at 647 Stanley Street in New Britain, CT
  • 1,150 square feet with a 1900 construction year
  • Newly paved parking lot with space for over 12 cars

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated restaurant property with lower-level food-service space, employee areas, storage, and a newly paved parking lot.
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: Renovated restaurant building at 647 Stanley Street in New Britain, CT; 1,150 square feet with a 1900 construction year; Newly paved parking lot with space for over 12 cars
More about this property
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