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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

163 Broad St Stonington, CT 06379

10,100 SF 3.06 ac lot Built 1972
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1972
Total area 10,100 SF
Lot 3.06 ac (133,294 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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