www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31799865
32357725

45 Main Street, Bristol, CT 06010

ZP
CT 0827718
Alpha Capital Realty
AD
CT REB.0794751
Alpha Capital Realty
Listed by Alpha Capital Realty
$6,999,000
68 days on market
Updated 3 days ago
Opportunity zone

45-81 North Main St

Details
Property Type Retail, Multifamily (+1)
Sub Type Shopping Center, Apartment Building
Square Footage 42,000
Units 26
Cap Rate 8.67%
NOI $606,813
Occupancy 92%
Tenancy Multi
Brand/Tenant Subway, Avalon Smoke Shop (+4)
Lease Type NNN
Price per SqFt $167
Year Built 1992
Buildings 3
Acreage 3.000
Zoning BD-1 (Downtown Business)
Investment Type Value Add
Ground Lease No

45-81 North Main St, Bristol, CT 48043

Marketing description

45, 59, and 81 North Main Street present a substantial mixed-use investment and redevelopment opportunity in downtown Bristol, Connecticut. The three-building assemblage totals approximately 42,000 square feet and includes a combination of retail and residential uses, with 18 residential units reported as fully leased in the marketing materials.

The property sits directly across from the new medical center, offering strong downtown visibility and positioning within an active commercial corridor. Existing site improvements include on-site paved parking, city water and sewer, central HVAC, and brick/steel construction with a membrane roof.

In addition to current in-place income, the offering presents future redevelopment potential, including the ability to expand the residential component, making it attractive for both cash-flow investors and long-term value-add buyers.

Location Overview: 

Bristol is a well-established city in Hartford County, Connecticut, offering a balanced combination of suburban livability, economic stability, and regional accessibility. Historically known for its manufacturing roots, the city has evolved into a diverse local economy supported by healthcare, education, media, and service industries. Major employers such as ESPN and Bristol Health serve as key economic anchors, driving consistent demand for both residential housing and neighborhood-serving retail. This demand is further supported by Bristol’s proximity to Hartford, New Britain, and other employment hubs across Central Connecticut.

The city benefits from strong regional connectivity, with Route 72 providing direct access to Interstate 84 and linking Bristol to the greater Hartford metro area. Additional access via Route 6 enhances connectivity to surrounding towns and commercial corridors. This accessibility positions Bristol as an attractive location for commuters seeking more affordable housing options while maintaining proximity to major job centers. Local amenities—including public parks, schools, retail corridors, and healthcare facilities—contribute to a stable and appealing living environment for a wide range of residents.

From an investment perspective, Bristol offers a compelling opportunity for both cash-flow and long-term appreciation. Compared to larger nearby markets, the city provides a more attractive basis for entry, particularly for mixed-use and multifamily assets. Properties located in downtown corridors—such as North Main Street—benefit from strong visibility, consistent foot traffic, and proximity to major institutions, including the city’s new medical center. These factors support stable occupancy and create opportunities for rent growth and asset repositioning.

Additionally, Bristol presents meaningful value-add potential for investors targeting mixed-use properties. Many assets offer a combination of in-place income and redevelopment upside, particularly where zoning and site size allow for increased residential density. With continued investment in healthcare infrastructure and downtown improvements, Bristol remains a strategically positioned market with durable rental demand, steady economic drivers, and long-term growth potential.

Investment highlights

  • Well-Maintained Mixed-Use Asset
  • Recent Roof Improvements at 59 North Main Street
  • Stabilized Residential Component
  • Directly Across from Bristol's New Medical Center
  • Positioned Along Main Downtown Corridor
  • Strong Visibility & Daily Traffic Exposure

Listing Contacts

ZP
CT 0827718
Alpha Capital Realty
AD
CT REB.0794751
Alpha Capital Realty
Listed by Alpha Capital Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$606,813.00
$50,567.75/mo

Valuation Metrics

0
DSCR
8.67%
Cap Rate
8.67%
ROI

Map

Zoning

Intelligence Badge
BD CommercialSpecial CommercialDowntown Business Zone
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 124 uses
View all 124 uses
Last updated Feb 18, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Zachary Pinto
License
0827718
Brokerage
Alpha Capital Realty
Brokerage Phone
2038167926
Title
Associate Director
Brokerage Address
2 Corporate Drive
Name
Anthony DeLorenzo
License
REB.0794751
Brokerage
Alpha Capital Realty LLC
Brokerage Phone
2038147387
Title
Designated Broker
Brokerage Address
2 Enterprise Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591