Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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Gas Station
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Gas Station
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Gas Station
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R15 · Naugatuck, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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