103 Main StNewtown, CT 06470
- Office properties
- 1,008 SF
Property Details for 103 Main St
- Year built
- 1987
- Construction
- FRAME
- Property size (Sq ft)
- 1,008 SF
- Zone code
- B-2
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- NEWT M:37 B:2 L:22 U:1-0413100
- APU
- NEWTM37B2L22U10413100
Description
This exceptional commercial property, located at 103 S Main Street, Unit M6/M7 in Newtown, Connecticut, presents a fantastic opportunity for a discerning business owner. Boasting a generous 2,016 square feet of open retail space, this unit is ideally situated on Main Street, offering excellent visibility and accessibility for customers. The property is categorized as general commercial and is priced affordably at $259,000. The space is currently configured as open retail, providing a blank canvas for a variety of businesses to customize and adapt to their specific needs. Its location in the vibrant town of Newtown ensures a steady stream of potential customers and benefits from the established local community. The property sits on a lot with no acreage, making it ideal for businesses that prioritize convenient access and foot traffic. This is a rare opportunity to acquire a well-positioned retail space in a desirable location at a competitive price. The open layout offers maximum flexibility for design and layout, allowing for creative and efficient use of the space. Serious inquiries are encouraged to explore the potential of this prime commercial property and its potential to contribute to the success of your business. The property is ready for immediate occupancy, allowing for a swift and seamless transition for your business operations. Don't miss this chance to establish your presence in a thriving Newtown community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $166,653
- 6.5%
- $153,833
- 7%
- $142,845
-
Comparable approach
- Method
- Valuation
- Relative Method
- $131,705
- Geo Method
- $131,705
-
Alternative Use
- Use
- Valuation
- Residential
- $190,753
- Hospitality
- $174,729
- Educational
- $145,372
- Medical
- $150,372
- Retail
- $226,135
Location Insight
- City
- Newtown
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.3922
- Longitude
- -73.2903
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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