43 Main Street - New Milford

Retail-Commercial for Lease
Also listed as Shopping Center, Office
Catylist Listing ID: 500929
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,775 SF
Building Size (RSF): 21,150 SF
Gross Land Area: 1.02 Acres
Lease Rate: $10.95 PSF (Annual)
Base Monthly Rent: $4,357
Lease Types: Gross Lease, Modified Gross
Ceiling: 10 ft.
Building Name: 43 Main Street - New Milford
Usable Size (USF): 21,150 SF
Last Updated: 3/19/2021

Overview / Comments

Off-street retail located on New Milford Green! There is 4,775 s.f. of ground floor space in the rear of the building with private entrance available for lease. The building has recently remodeled new front and rear facades, and huge new display windows looking out to the Green. Large windows are also available throughout the entire ground floor space. Currently a shell space that would be ideal for destination retail, professional services, or office uses.

There is plenty of on-site parking, angled parking on the green, and a convenient lot from the adjacent Post Office. This 1.02-acre property is located near the New Milford Hospital, the Bank of America, the theater, numerous restaurants, the Post Office, several churches, and all the municipal offices in New Milford. The “Village Commercial” zoning allows numerous retail and professional service uses.

The space is being offered at $10.95/s.f. gross plus utilities. The property is separately available as an investment sale. Call J. Michael Struna and Chris Cosio at 203-798-9345 to discuss your needs today.

Expand All Available Space

Suite: Unit C - Rear Space 4,775 SF $10.95 PSF (Annual) Gross Lease,Modified Gross
Level/Floor: 1
Space Available: 4,775 SF
Lease Rate: $10.95 PSF (Annual)
$4,357 (Monthly)
Lease Type: Gross Lease,Modified Gross
Space Subcategory: Strip Center, Neighborhood Center
Date Available: 12/1/2020
Lease Term: 60 Months
Space Type: Relet
Rent Escalators Step-Up Lease
Rent Escalators Description 3% per year

Additional Details

Nearest MSA: Torrington
County: Litchfield
Submarket Type: Central Business District
Taxing Authority: Town of New Milford
Tax ID/APN: 004336
Zoning: V-C
Market Type: Medium
Retail Clientele: General, Family, Business, Tourist, Recreation
Side of Street: South
Road Type: 2-Track, Paved
Property Visibility: Excellent
Largest Nearby Street: Main Street
Transportation: Bus, Highway, Taxi
Highway Access: Route 7 North and South and Route 202
Site Description: Level site located on the "Green" of New Milford.
Area Description: Classic New England setting
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 35
Parking Type: Surface
Parking Description: On site parking; on the street parking, municipal parking on both front and rear areas, and parking in Post Office parking lot.
Sprinklers: None
Heat Type: Propane
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Interior Description: Space is currently raw space. Owner will demise and deliver as a vanilla box.
Zoning Description: Village District Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,560 21,401 31,317
Median Age: 40.1 41.82 42.42
Households: 1,409 8,300 12,013
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