Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    389 John Downey Dr New Britain, CT 06051

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,500,000

    33,276 SF flex/industrial building on 2.13 acres.

    Property size:
    33,276 SF
    Lot size:
    2.57 Acres

    Property Features for 389 John Downey Dr

    General Information

    Size
    33,276 SF
    Lot size
    2.57 Acres

    Source: O,R&L Commercial, LLC Agent Thomas Wilks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    33,276 SF Flex/Industrial Building

    This is a 33,276 square foot flex/industrial building. The building has two stories and sits on a 2.13 acre lot. Zoning is I1. There is ample parking available. Signage options include monument and on-building signage. The location benefits from a traffic count of 5,800 ADT. It is located near Route 9, Exit 34, and offers convenient access to shopping and banking amenities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hartford HealthCare Systems ... Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CHEF J R ME

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.754383
    Latitude
    41.6645751

    Nearby Similar for Sale

    • $489,000
      Pending

      Well-Maintained Four-Family Building Investment

      Turnkey four-family building with updates and income potential in New Britain.
      86 North St, New Britain, CT 06051
      View Details
    • $425,000
      2,284 SF

      Immaculate Two-Family Home in New Britain

      Well-maintained two-family property with expansion potential in New Britain.
      42 Prospect St, New Britain, CT 06051
      View Details
    • $399,900
      Pending

      West End Three-Family Home

      Three-unit property in New Britain's West End with garage.
      30 Norden St, New Britain, CT 06051
      View Details
    • $379,900
      Pending

      Two-Family Home with Unique Features

      Two-family home with separate units and finished basement in New Britain.
      96 Garden St, New Britain, CT 06052
      View Details
    • $574,900
      4,628 SF

      Mixed-Use Building in New Britain

      Well-maintained mixed-use building with commercial and residential spaces.
      1485 Corbin Ave, New Britain, CT 06053
      View Details
    • $574,900
      4,628 SF

      Mixed-Use Building in New Britain

      Versatile mixed-use property with commercial and residential spaces.
      1485 Corbin Ave, New Britain, CT 06053
      View Details

    FAQs

    What type of property is this?
    Flex space - 33,276 SF flex/industrial building on 2.13 acres.
    Where is this flex space located?
    The property is located at 389 John Downey Dr New Britain, CT.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - 33,276± SF Building; - Ample Parking; - High Visibility with Monument and On-Building Signage
    (860) 478-7954
    Request Owner's contact information
    389 John Downey Dr New Britain, CT 06051
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    389 John Downey Dr
    New Britain, CT 06051
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    389 John Downey Dr New Britain, CT 06051
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.