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Industrial Manufacturing Facility with Heavy Power
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159 Grassy Plain Street, Bethel, CT 06801

Metal-framed industrial manufacturing building with wet sprinkler system, 17-foot ceiling height, and heavy power service.

Space Size18,660 SF
Days on Market597

Property Features for 159 Grassy Plain Street

General Information

Standard status Active
Size 18,660 SF
Property subtype INDUSTRIAL

Spaces For Lease

at 159 Grassy Plain Street Contact us

159 Grassy Plain Street - Bethel $11.50/SF/Yr

Floor
Available
Size
18,660 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, On Available Date
Sublease
No
159 Grassy Plain Street, Bethel, CT Property Overview: Available Space: 18,600...
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Listing Agency: Advantage Realty Commercial
Listed By: J. Michael Struna · License #0806068
Source: Moodyscre
Added: Jan 1, 2025 Changed: Aug 8 Last Checked: Jul 21 at 6:23AM

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 Advantage Realty Commercial

Investment Insights

Based on property information with market context.

159 Grassy Plain Street is a well-maintained industrial manufacturing facility with a light pre-engineered steel frame and metal construction, supported by a wet sprinkler system and 2,000 amps of heavy power. The facility provides a 17-foot ceiling height, one exterior truck well (dock), and two total drive-in doors. The property is sited on 3.00 acres and includes 85 surface parking spaces. Municipal water and sewer are available along with natural gas. Tenant improvements support strong usability, and the property is reported to have a clean environmental report with documented phases available for review. An 18,860 s.f. portion is described as available, with stated use considerations including car storage or leasing.

The property is located in Bethel and is adjacent to Clark Business Park on Route 53. It is approximately 10 minutes from I-84 Exit 5 and offers access to nearby towns including Danbury, Brookfield, Redding, Easton, Weston, Ridgefield, and Newtown. Transportation connectivity is described as approximately 37.4 miles from the airport, 35.8 miles from the seaport, and 0.9 miles from a rail station.

Zoned IP (Industrial Park), the building historically operated as industrial manufacturing space, previously serving as Connecticut headquarters for Handler Manufacturing and Magellan Aerospace using the area as a large machine shop. The offering is presented with a broker performa cap rate of 9%.

Key Highlights

  • 35,160 SF industrial manufacturing facility on 3.00 acres in Bethel, offered with a 9% Broker Performa (cap rate).
  • 18,860 SF available—suited for an owner user or car storage; leasing referenced at $11.50/SF gross.
  • Metal construction with light pre‑engineered steel frame; wet sprinkler system and heavy power service of 2,000 amps.

Property Analytics

Current Use

Handler Manufacturing, LLC Industrial Manufacturer Closets by Design ... General Contractor

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Catering Service Hotel & Motel Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

Demographics for 06801, CT

20,245
Population
7,907
Households
2.6
Avg Household Size
43
Median Age
45%
College-Educated
91%
High-School Grad
16.9 sq mi
ZIP Area
1,198
Density / Sq Mi
$115,135
Median Household Income
$52,886
Median Earnings
$1,458
Median Rent
$426,500
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Metal-framed industrial manufacturing building with wet sprinkler system, 17-foot ceiling height, and heavy power service.
Where is this manufacturing property located?
The property is located at 159 Grassy Plain Street Bethel, CT.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: 35,160 SF industrial manufacturing facility on 3.00 acres in Bethel, offered with a 9% Broker Performa (cap rate).; 18,860 SF available—suited for an owner user or car storage; leasing referenced at $11.50/SF gross.; Metal construction with light pre‑engineered steel frame; wet sprinkler system and heavy power service of 2,000 amps.
(203) 733-1290 Call to check price and availability
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