150 Central St Bristol, CT 06010-7051
Property summary
This exceptional investment opportunity presents a 6,425 square foot strip plaza ideally situated at 150 Central Street in Bristol, Connecticut. The property encompasses three contiguous lots (41-5, 41-6, and 41-7), totaling 0.99 acres, and zoned BG General Business. The main building, located on Lot 41-5 (0.49 acres), features up to six individual commercial units, currently housing a restaurant tenant occupying 3,577 square feet. The additional lots, 11 East Main Street (Lot 41-6, 0.29 acres) and an adjacent lot on East Main Street (Lot 41-7, 0.21 acres), offer significant expansion or redevelopment potential. The property boasts ample rear parking and benefits from excellent visibility and high traffic counts due to its strategic location at the lighted intersection of Central, East Main, and Broad Streets. A right-of-way ensures easy access. This property presents a tremendous opportunity for both owner-users seeking to establish their business and investors looking for a strong return. The seller may consider financing options. The asking price is $595,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BG · Bristol, CTThe BG General Business Zone is intended to accommodate larger retail and service establishments primarily serving the needs of the entire City, including automobile-oriented uses. 2.1.8 124BBD Downtown Business Zone The…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for BG in Bristol, CT.
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