150 Central St, Bristol, CT 06010
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BG · Bristol, CTBristol. 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.