Property profile

103 Main St M1 Newtown, CT 06470

OFF-MARKET
Office Spaces
Property ID
US15-0730939
1,008 SF Built 1987
Individually Owned 15-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Dental Office
  • Construction Company General Contractor
  • Accounting Firm Tax Preparation
  • Postal Service Courier Service
  • Dental Office

Location

103 Main St, Unit M1 Newtown, CT 06470-2372
Newtown metro Census 230502 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2011
4 recorded transactions
2011
$1
2008
$165,000
1991
$370,000
1989
$1.1M

Zoning & alternative use

B-2 · Newtown, CT
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 103 Main St, Unit M1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message