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    Property profile & analytics
    FOR LEASE
    Retail space

    451 New Britain Ave, Newington, CT 06111

    4,944 SF 0.54 ac lot Built 1989
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US15-1038651
    Property summary
    AI-generated overview

    This exceptional 975-square-foot retail storefront is located at 451 New Britain Avenue in Newington, Connecticut, within Hartford County (zip code 06111). The property is currently configured for multiple tenants and is ideally suited for a variety of uses, including retail, office, or restaurant operations. The space is part of a vibrant commercial center, offering excellent visibility and accessibility from New Britain Avenue. Current tenants include Tokyo Cafe, Infusions Salon, Soothing Day Spa, Farmers Insurance, and Lilly Crow Aesthetics, creating a strong and diverse tenant mix. This presents a unique opportunity to establish a presence in a thriving commercial area with established businesses. The property's location provides convenient access to major transportation routes and a substantial customer base. The space is available immediately and ready for occupancy. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a prime opportunity to secure a well-located retail space in a bustling Newington commercial center.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1989
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 4,944 SF
    Lot 0.54 ac (23,522 SF)
    Zoning code B
    APN NEWI M:21 B:447 L:0
    UPID US15-1038651
    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
    • Jian Huang: Allstate Insurance Insurance Agency
    • Quote Joe Insurance Agency Insurance Agency
    • Tokyo Cafe Restaurant
    • Vapor 9 (Bike/Boat/Book/etc) Store Alternative Medicine Practice
    • Acupuncture Nutrition & Weight Weight Loss Service Acupuncture Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $780k
    CAP Approach CAP
    $860k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $765k
    Owner & transaction history
    451 New Britain Ave Rlty · 3 yrs held
    451 New Britain Ave Rlty
    since 2023
    Last sale
    $770,000
    2 recorded transactions
    2023
    $770,000
    2008
    $387,500
    Zoning & alternative use
    B · Newington, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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