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150 Central St Bristol, CT 06010-7051

OFF-MARKET Super regional malls Google Maps
6,425 SF 0.21 ac lot Built 1950
Entity Owned Free & Clear
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US15-0403274

Property summary

AI-generated overview

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

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,425 SF
Lot 0.21 ac (9,148 SF)
Zoning code BG
APN BRIS M:41 L:5-0131121
UPID US15-0403274

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2026
2 recorded transactions
2026
$509,600
1998
$260,000

Zoning & alternative use

BG · Bristol, CT
Zoning description

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…

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
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