103 Main St M1 Newtown, CT 06470-2372
This exceptional commercial property, located at 103 S Main Street, Unit M6/M7 in Newtown, Connecticut, presents a fantastic opportunity for a discerning business owner. Boasting a generous 2,016 square feet of open retail space, this unit is ideally situated on Main Street, offering excellent visibility and accessibility for customers. The property is categorized as general commercial and is priced affordably at $259,000. The space is currently configured as open retail, providing a blank canvas for a variety of businesses to customize and adapt to their specific needs. Its location in the vibrant town of Newtown ensures a steady stream of potential customers and benefits from the established local community. The property sits on a lot with no acreage, making it ideal for businesses that prioritize convenient access and foot traffic. This is a rare opportunity to acquire a well-positioned retail space in a desirable location at a competitive price. The open layout offers maximum flexibility for design and layout, allowing for creative and efficient use of the space. Serious inquiries are encouraged to explore the potential of this prime commercial property and its potential to contribute to the success of your business. The property is ready for immediate occupancy, allowing for a swift and seamless transition for your business operations. Don't miss this chance to establish your presence in a thriving Newtown community.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Newtown, CTNewtown. Always verify with local authorities before improvements.
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.