163 Broad St Stonington, CT 06379
This exceptional 10,100 square foot commercial plaza, situated on 3.06 acres in New London County, offers two immediately available spaces perfect for a variety of uses. One space measures 800 square feet and leases for $900 per month, while the larger space is 1,600 square feet and leases for $1,800 per month; both plus utilities. Built in 1972, this single-story building boasts 60 parking spaces and enjoys a highly visible location on South Broad Street (Route 1), directly across from Stonington High School and the VFW, and next to the Stonington Police Department. The property features air conditioning, public water and sewer, and natural gas. Zoned GC-60, permitted uses include retail, office, wholesale, restaurant, assembly hall, financial, and recreation. By special permit, additional uses such as pool halls, nightclubs, and various other businesses are possible. This well-maintained property presents a fantastic opportunity for businesses seeking high visibility and convenient access in a thriving community. Don't miss this chance to establish your presence in a prime Stonington location.
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Tara Crossley Realtor Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.