CBD Office
For Sale
Contact for pricing
1 GROVE ST, New Britain, CT 06053
Office building with CBD zoning and access to downtown, shopping, dining, parks, highways, and public transportation.
Property Size157,747 SF
Price / SF$77.66
Days on Market53
Property Features for 1 GROVE ST
General Information
Standard status
Active
Size
157,747 SF
Class
B
Property subtype
Office
Zoning
CBD
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$401,569
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1903
Buildings
2
Units
18
Tenancy
Multi
Listing Agency:
Reno Properties Group, LLC
Listed By:
Dan Garofalo · License #REB.0756346
(860) 212-4030
Source:
Crexi
Added: Aug 26
Changed: Oct 5
Last Checked: Oct 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reno Properties Group, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building contains 157,747 square feet and dates to 1903. Its CBD zoning supports its established commercial classification within the central business district framework.
The property is located at 1 Grove Street in New Britain, Connecticut, with access to downtown, shopping, dining, parks, major highways, and public transportation. The surrounding conveniences support routine commuting and access to nearby services.
The property is located at 1 Grove Street in New Britain, Connecticut, with access to downtown, shopping, dining, parks, major highways, and public transportation. The surrounding conveniences support routine commuting and access to nearby services.
Key Highlights
- 157,747‑square‑foot office building
- Built in 1903
- CBD zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,776
Businesses Nearby
Explore this area
Business Placement
Demographics for 06053, CT
35,024
Population
14,995
Households
2.3
Avg Household Size
35
Median Age
22%
College-Educated
85%
High-School Grad
7.9 sq mi
ZIP Area
4,433
Density / Sq Mi
$61,498
Median Household Income
$36,132
Median Earnings
$1,288
Median Rent
$201,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office building with CBD zoning and access to downtown, shopping, dining, parks, highways, and public transportation.
Where is this office building located?
The property is located at 1 GROVE ST New Britain, CT.
What is the asking price?
The asking price for this property is $12,250,000.
What are key features of this property?
This property features: 157,747‑square‑foot office building; Built in 1903; CBD zoning
