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1-3 Front St 3,474 SF Retail Building Bethel, CT 06801 $875,000 ($251.87/SF) 7.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location on the Corner of Front Street and Greenwood Avenue
- High daily traffic
- Tenant in place on NNN Lease
EXECUTIVE SUMMARY
Investment Opportunity, purchase this rare retail property situated on a premier corner lot along highly sought after Greenwood Avenue with exceptional visibility and high daily traffic. Boasting a thriving restaurant that draws both local residents and commuters, this site offers maximum exposure to the restaurant tenant who has been in place since 2019 on a long term NNN lease with options for renewal. The corner parcel benefits from excellent signage, and high pedestrian and vehicular counts that drive consistent patronage throughout the day.
*NOI provided above represents the NOI for the time period 10/1/2024-9/30/2025, NOI for current year 10/1/2025-9/30/2026 is $69,581.61
*NOI provided above represents the NOI for the time period 10/1/2024-9/30/2025, NOI for current year 10/1/2025-9/30/2026 is $69,581.61
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
3,474 SF
Building Class
B
Year Built
1915
Price
$875,000
Price Per SF
$251.87
Cap Rate
7.76%
NOI
$67,884
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.29 AC
Zoning
C
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | BETH-000022-000018-000013 | Improvements Assessment | $172,410 |
| Land Assessment | $219,450 | Total Assessment | $391,860 |
PROPERTY TAXES
Parcel Number
BETH-000022-000018-000013
Land Assessment
$219,450
Improvements Assessment
$172,410
Total Assessment
$391,860
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1-3 Front St
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