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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

163 Broad St Stonington, CT 06379

10,100 SF Built 1972
Property ID
Property summary
AI-generated overview

This exceptional 10,100 square foot medical office building presents a unique investment opportunity in Stonington, Connecticut. Situated on a 3.06-acre lot, this single-tenant property boasts a highly desirable location on South Broad Street (Route 1), ensuring maximum visibility and accessibility. Built in 1972, the building offers ample parking with 40 spaces available. The property is zoned GC-60 and features public water and sewer, along with natural gas service. The building is air-conditioned and currently offers two available spaces for lease: an 800 square foot unit at $900 per month plus utilities, and a 1,600 square foot unit at $1,800 per month plus utilities. The property's strategic location places it next to the Stonington Police Department and across from Stonington High School and the VFW, guaranteeing high foot traffic and brand recognition. Permitted uses are diverse and include retail, office, wholesale, restaurant, assembly hall, financial, and recreation uses. By special permit, the property also allows for pool halls, nightclubs, laundries, liquor stores, schools, family entertainment centers, wellness centers, and medical facilities. The APN is 2074274, and the property is located in New London County. This is an excellent opportunity for a medical practice or other permitted business seeking a prominent location with significant visibility and ample space. The entire building is currently vacant.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 10,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tara Crossley Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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