451 New Britain AveNewington, CT 06111

Property Details for 451 New Britain Ave

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.54 AC

Property size (Sq ft)

4,944 SF

Zone code

B

Property type

Retail properties

Property subtype

Retail space

APN

NEWI M:21 B:447 L:0

APU

NEWIM21B447L0

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,201,565

  6.5%

  $1,109,136

  7%

  $1,029,912

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,627,877

  Geo Method

  $1,627,877

• Alternative Use

  Use

  Valuation

  Residential

  $935,598

  Hospitality

  $857,003

  Educational

  $713,016

  Medical

  $737,538

  Retail

  $1,109,136

Location Insight

City

Newington

County

Hartford

State

Connecticut

Latitude

41.6735

Longitude

-72.7411

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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