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Property profile & analytics
OFF-MARKET Estimated value $7,370,000
Showrooms

286 Broad St Manchester, CT 06040-4049

69,160 SF 7.65 ac lot Built 1992
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US15-0091284
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 69,160 SF
Lot 7.65 ac (333,234 SF)
Zoning code B3
APN MANC M:61 B:730 L:286
UPID US15-0091284
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stop & Shop Pharmacy Pharmacy
  • Dunkin' Cafe & Coffee Shop
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Western Union Bank Credit Union
  • higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.94M
Blend (final) Blend
$7.37M
Owner & transaction history
Mizner Realty LLC · 14 yrs held
Mizner Realty LLC
since 2012
7 recorded transactions
2018
Price N/A
2012
Price N/A
2012
$1
2009
$52.0M
2003
Price N/A
2003
$13.1M
2003
$2.8M
Zoning & alternative use
B3 · Manchester, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• Merge the B2 and B3 zones into a new AB (Arterial Business) zone. Include 307 Highland Street into AB zone. • Merge the B5 zone into the GB zone. 6/29/26 7/20/26 Zone Change Map (PDF, 18MB) Town Clerk Exhibit (PDF, 19MB) Provide Separate Zones for Silk Mill and Family Mansion Areas. 6/15/26 7/1/26 Zone Change Map (PDF, 18MB) Town Clerk Exhibit (PDF, 19MB)…

Zone name Business 3
General category COMMERCIAL
Zone area 29.70 ac
Top alternative use upside
Restaurant $11.8M +87.7%
Retail stores $8.0M +26.3%
Office building $7.6M +21.0%
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