286 Broad St, Manchester, CT 06040-4049
- Showrooms
- 69,160 SF
- 7.65 lot acres
Current Use by Public Records
- Stop & Shop Pharmacy / Pharmacy
- Dunkin' / Cafe & Coffee Shop
- Coinstar Kiosk | Bitcoin ATM / Currency Exchange Service / Kiosk
- Western Union / Bank / Credit Union
- higi / Physician
Property Details for 286 Broad St
- Year built
- 1992
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 7.65 lot acres
- Zone code
- B3
- Property type
- Showrooms
- APN
- MANC M:61 B:730 L:286
- APU
- MANCM61B730L286
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 4, 2018 | — | Mizner Realty LLC | — | Deed · related | $1.2M · Cibc |
| Aug 24, 2012 | — | Mizner Realty LLC | — | Deed Of Trust · related | $9.8M · Farmington Savings Bank |
| Jun 5, 2012 | $1 | Mizner Realty LLC | Sara Laighting INC | Grant Deed · related | — |
| Aug 10, 2009 | $52,000,000 | Sara Lighting INC | Ddr Southeast Mchs LLC | Warranty Deed | $7.5M · Newalliance Bank |
| Nov 14, 2003 | — | South E Manchester Inland | — | Deed Of Trust · related | $7.2M · Bear Stevens Funding |
| Oct 22, 2003 | $13,100,000 | S East Manchester Inland | Manchester Broad St LLC | Warranty Deed · related | — |
| Jul 9, 2003 | $2,762,466 | Manchester Broad St LLC | Wjg RT | Warranty Deed | $85M · Fleet National Bank |
| — | — | Mizner Realty LLC | — | Deed Of Trust · related | $1.2M · Cibc |
Description
This exceptional retail space, totaling 500 square feet, is available for lease within a high-traffic Stop & Shop grocery store located at 286 Broad St, Manchester, CT 06040, in Hartford County. This prime, in-store location offers unparalleled visibility and access to thousands of weekly customers, providing significant foot traffic and exposure. The space is ideally suited for businesses seeking a "store-within-a-store" concept, benefiting from the established customer base of a well-known grocery chain. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying operational costs. Branding opportunities are available, including both interior and exterior signage. The property is situated in a thriving trade area with a desirable demographic profile. This location is perfect for businesses such as financial institutions, service businesses (e.g., pack & ship, repair services), health and wellness providers, and insurance or real estate offices. Please note that food and beverage services, restaurants, and smoke shops are prohibited uses. This presents a unique opportunity to establish a business within a high-traffic, established retail environment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,938,000
- AI Estimate
- $6,800,000
Market price range: $4.03M - $8.55MMarket price range: $2.89M - $7.89M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,300,000 Current use
- RESTAURANT
- $11,825,000 Change: +88% Conversion: Difficult
- RETAIL STORES
- $7,960,000 Change: +26% Conversion: Easy
- OFFICE BUILDING
- $7,620,000 Change: +21% Conversion: Easy
- AUTO REPAIR, GARAGE
- $6,935,000 Change: +10% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $6,570,000 Change: +4% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.5373
- Latitude
- 41.7794
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA