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    117 Mount Pleasant Rd Newtown, CT 06470

    Sponsored
    For Lease
    $9 SF/Yr ($8,550 /Mo)

    Versatile Retail/Industrial Space Available

    Lot size:
    11,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,400 square foot property at 117 Mt. Pleasant Rd, Unit 2, offers a unique blend of retail and warehouse space, ideal for a variety of businesses. The building, classified as Class B, features a flexible layout with multiple suites totaling one unit, currently offering 3,200 square feet of vacant space. The available space can be leased separately, with individual units ranging from 420 to 6,400 square feet. The property boasts a convenient location on Route 6, providing easy access to I-84, ensuring high visibility and excellent accessibility for customers and employees. The building's features include a +/- 10-foot ceiling height, a new roof, updated electrical service, and a convenient 8' x 8' drive-in door for warehouse operations. The space is well-suited for retail, showroom, food service, medical, or traditional office uses. Utilities include city water and sewer, gas heating, central air conditioning, and two bathrooms. The B2 zoning (Retail/Office/Medical) allows for a wide range of permitted uses. This is a prime opportunity to secure a versatile and well-maintained property in a high-traffic location. Don't miss this chance to establish your business in a thriving area with excellent visibility and convenient access to major transportation routes.

    Property Features for 117 Mount Pleasant Rd

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,400 SF
    Class
    B
    Total Rate
    8550

    Unit(s) available at that property

    Space
    2nd Floor Office Suites
    Size
    420 SF
    Rate per SF
    $20
    Space
    Available
    Size
    3,200 SF
    Rate per SF
    $20
    Space
    Available Space
    Size
    6,400 SF
    Rate per SF
    $15
    Space
    Available Space 4
    Size
    3,200 SF
    Rate per SF
    $9

    HighLights

    • 11,400 SF multi‑tenant building with 3,200 SF currently vacant.
    • Building features retail and warehouse space, ideal for various uses including medical, office, showroom, or food service.
    • Located on Route 6 with easy I‑84 access, offering excellent signage opportunities.
    • Individual suites available, ranging from 420 SF to 6,400 SF.
    • Building amenities include a new roof, new electrical service, 10‑foot ceilings, central A/C, gas heating, two baths, city water and sewer, and an 8' x 8' drive‑in door.
    • Zoned B2 (Retail/Office/Medical).
    Property Profile Location Intelligence

    Current Use by Public Records

    Walker Industrial Industrial Equipment Supplier Newtown Dance & Theatre ... Dance Store Rapadura Brazilian Jiu ... Martial Arts School Dance Etc Dance School Kennedy Center Project ... Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Newtown
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3557182
    Latitude
    41.4173179

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    FAQs

    What type of property is this?
    Coworking space - Versatile Retail/Industrial Space Available
    Where is this coworking space located?
    The property is located at 117 Mount Pleasant Rd Newtown, CT.
    What is the lease rate?
    The lease rate is $9-$20 SF/Yr.
    What are key features of this property?
    This property features: 11,400 SF multi-tenant building with 3,200 SF currently vacant.; Building features retail and warehouse space, ideal for various uses including medical, office, showroom, or food service.; Located on Route 6 with easy I-84 access, offering excellent signage opportunities.
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    117 Mount Pleasant Rd Newtown, CT 06470
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    Newtown, CT 06470
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    Realmo Value Estimation

    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.

    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.

    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
    117 Mount Pleasant Rd Newtown, CT 06470
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