Log In/Sign Up
Your email has been sent.
127 Center St 2,805 SF Retail Building Shelton, CT 06484 $1,025,205 CAD ($365.49 CAD/SF) 10.39% Cap Rate
Investment Highlights
- Heart of Downtown Shelton
- Full Commercial Kitchen
- Free Standing Building
Executive Summary
Grab a piece of History! Center Street Social- a local Shelton fixture his on the market and waiting for you to continue the story. This free standing Bar/Cafe is located in the heart of Downtown Shelton and is just a 5 minute walk from all the new Luxury Housing and apartments. Recently fully remodeled, the Shelton staple is a fixture in the Downtown restaurant and bar scene. The restaurant has an indoor seating capacity of 79 and features a covered outdoor patio with additional bar and seating. 2nd floor features a DJ booth, storage office space and high end security system. Property comes with business fixtures and fully appointed commercial kitchen and bar. Last tenant was paying $6500/month NNN. Cap rate at purchase price with a secure tenant at this rate is close to a 10 cap.
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$106,621
|
$38.01
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $106,621 |
| Annual Per SF | $38.01 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,805 SF
Building Class
B
Year Built/Renovated
1900/2015
Price
$1,025,205 CAD
Price Per SF
$365.49 CAD
Cap Rate
10.39%
NOI
$106,488 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.12 AC
Zoning
CA-3
Frontage
52’ on Center Street
Amenities
- 24 Hour Access
- Balcony
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | SHEL-000117B-000000-000035 | Improvements Assessment | $362,266 CAD |
| Land Assessment | $47,556 CAD | Total Assessment | $409,822 CAD |
Property Taxes
Parcel Number
SHEL-000117B-000000-000035
Land Assessment
$47,556 CAD
Improvements Assessment
$362,266 CAD
Total Assessment
$409,822 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
127 Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.