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    Property profile & analytics
    OFF-MARKET Estimated value $540,000
    Gas stations

    469 Rubber Ave, Naugatuck, CT 06770-3715

    3,392 SF 2.01 ac lot Built 1960
    Entity Owned 16-yr Hold Free & Clear
    Property ID
    US15-0005641
    Property summary
    AI-generated overview

    This exceptional 1,700 square foot retail or restaurant space is available for lease at 469 Rubber Avenue in Naugatuck, Connecticut. Located in New Haven County, this single-tenant property boasts a prime location and underwent a complete renovation in 2022. The building, constructed in 1960, is fully built-out and currently operational, offering a turnkey opportunity for a new business. The space is equipped with separate utilities, including city water, sewer, and gas. Furthermore, landscaping and snow plowing are included in the lease, minimizing operational overhead. The monthly lease rate is $6,000, negotiable. The current tenant, a Frankie's franchise, will be vacating, allowing for a new concept to be implemented. This presents a unique chance to establish a thriving business in a well-maintained and conveniently located property. The property's zip code is 06770. This is an excellent opportunity for a business seeking a move-in ready space with minimal upfront investment.

    Property profile
    Verified
    Property type Gas stations
    Use group GAS STATION
    Year built 1960
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,392 SF
    Lot 2.01 ac (87,556 SF)
    Zoning code R15
    APN NAUG M:022 L:8950
    UPID US15-0005641
    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
    • Krispy Krunchy Chicken Restaurant
    • The Roadrunners Gas Station
    • Roadrunners Gas Station
    • The RoadRunners Gas Station & Convenience Store Naugatuck Gas Station
    • ATM Coiners Bitcoin ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $465k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $622k
    Blend (final) Blend
    $540k
    Owner & transaction history
    GONDAL CORP
    GONDAL CORP
    Zoning & alternative use
    R15 · Naugatuck, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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