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Property profile & analytics
OFF-MARKET
Office Spaces

103 Main St M1 Newtown, CT 06470-2372

1,008 SF Built 1987
Individually Owned 15-yr Hold Free & Clear
Property ID
US15-0730939
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1987
Construction FRAME
Total area 1,008 SF
Zoning code B-2
APN NEWT M:37 B:2 L:22 U:1-0413100
UPID US15-0730939
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
  • Caring Dental Group: Suhae Jang, DDS Dental Office
  • Kling Brothers Builders Construction Company General Contractor
  • Lisi, Liberati & Stockwell, LLC Accounting Firm Tax Preparation
  • FedEx Drop Box Postal Service Courier Service
  • Lee Su H DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Connecticut Community Inv · 15 yrs held
Connecticut Community Inv
since 2011
4 recorded transactions
2011
$1
2008
$165,000
1991
$370,000
1989
$1.1M
Zoning & alternative use
B-2 · Newtown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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