Wethersfield, CT
Commercial Real Estate Market Trends & Data

$169 Avg asking sale price
$24 Avg asking lease rate
8,914 SF Avg unit lease size
13,554 SF Avg building size for sale
7.77% Average cap rate

Wethersfield's Demographic Profile

Wethersfield has 10,922 households and a median income of $105,916, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 26,152
# Households 10,922
Median age 45
Median household income $105,916
Avg household size 2.0
Renter-occupied housing units 2,646
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Wethersfield, CT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Wethersfield $160 5,161 SF 8.03%
Hartford $220 37,346 SF 12.21%
East Hartford $123 11,902 SF 10.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Wethersfield $187 15,682 SF
Rocky Hill $123 39,870 SF
Newington $125 21,187 SF
Hartford $281 18,712 SF
East Hartford $248 10,668 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Wethersfield $108 18,074 SF 9.06%
Hartford $110 34,072 SF 12.64%
East Hartford $187 99,807 SF 7.10%
New Britain $174 13,961 SF 8.17%

Commercial Properties For Sale in Wethersfield

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Lincoln Plaza

Hartford, CT 06114

  • 16,083 SF Retail Building
  • 6.90% Cap Rate
  • $2,599,000
For Sale

64 Cody St

West Hartford, CT 06110

  • 2,400 SF Industrial Building
  • $449,925
For Sale

171 Market Sq

Newington, CT 06111

  • 12,251 SF Office Building
  • $950,000
For Sale

200 Main St

East Hartford, CT 06118

  • 6,172 SF Retail Building
  • 10.00% Cap Rate
  • $1,299,999
For Sale

2049 Silas Deane Highway Professional Office

Rocky Hill, CT 06067

  • 16,236 SF Office Building
  • $309,900
For Sale

650 Franklin Ave

Hartford, CT 06114

  • 21,473 SF Industrial Building
  • $1,150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Wethersfield pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Wethersfield $169 13,554 SF
Rocky Hill $136 23,220 SF
Newington $132 15,556 SF
Hartford $158 43,677 SF
East Hartford $133 31,590 SF

Regional Demographic Comparison

This comparison places Wethersfield alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Wethersfield or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Wethersfield 26,152 10,922 45 $105,916 2 2,646 -2%
Rocky Hill 22,111 9,324 43 $89,069 2 3,609 1%
Newington 29,272 12,169 45 $94,404 2 2,747 -2%
East Hartford 50,919 20,039 40 $60,547 3 8,736 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Wethersfield, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Wethersfield

View All Commercial Real Estate For Sale in Wethersfield
Is Wethersfield a good market for a first-time commercial real estate investor?

Wethersfield offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Wethersfield?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Wethersfield. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Wethersfield?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Wethersfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Wethersfield compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Wethersfield. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Wethersfield acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Wethersfield, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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