117 Mount Pleasant Rd Newtown, CT 06470
- Showrooms
- 13,200 SF
- 2.46 lot acres
Current Use by Public Records
- Walker Industrial / Electrical Supply Store / Electronic Parts Supplier
- Newtown Dance & Theatre Supply / Dance Store / Entertainment And Recreation
- Rapadura Brazilian Jiu Jitsu / Martial Arts School
- Dance Etc / Dance School
- Kennedy Center Project Act / Non-Profit Organization
Property Details for 117 Mount Pleasant Rd
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.46 lot acres
- Property size
- 13,200 SF
- Zone code
- B-2
- Property type
- Showrooms
- APN
- NEWT M:6 B:7 L:32
- APU
- NEWTM6B7L32
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $540,000
- 6.5%
- $515,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $505,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $610,000
- Mixed-Use
- $580,000
- Hospitality
- $565,000
- Educational
- $470,000
- Residential Income
- $595,000
- Energy
- $515,000
- Income-Based Land
- $540,000
- Food Service
- $560,000
Location Insight
- Map
- Local Demand
- City
- Newtown
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.3556
- Latitude
- 41.417
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA