Industrial Manufacturing Facility with Heavy
For Lease
Contact for pricing
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 Size17,685 SF
Days on Market645
Property Features for 159 Grassy Plain Street
General Information
Standard status
Active
Size
17,685 SF
Property subtype
INDUSTRIAL
Lease Type
Modified Gross
Spaces For Lease
at 159 Grassy Plain Street
159 Grassy Plain Street - Bethel
$11.50/SF/Yr
Floor
Available
Size
17,685 SF
Type
INDUSTRIAL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, On Available Date
Sublease
No
159 Grassy Plain Street, Bethel, CT
Property Overview:
Available Space: 17,685 square feet of manufacturing space with approximately 3,000 SF of office space included. The space is available for occupancy starting 1 January 2026.
Type: Industrial Manufacturing Facility
Zoning: IP (Industrial Park), allowing for a wide range of industrial uses.
Land Area: 3.00 acres. Condition: The property is in excellent condition.
Environmental: The property has a clean environmental report, with documented phases I, II, and III completed and available for review.
Lease Rate: $12.75 per square foot, gross.
***Building Features:
Construction: Metal with a light pre-engineered steel frame. Year Built: 1984, with updates in 2000. Ceiling Height: 16 feet. Loading Docks: 1 exterior truck well. Drive-in Doors: 2 total. Power: Heavy power with 2,000 amps. Sprinklers: Wet Sprinkler System. Heating: Gas heat. Parking: 85 surface spaces, with a ratio of 2.42 per 1,000 SF. Utilities: Serviced by natural gas, municipal water, and sewer.
Location Highlights:
Adjacent to the Clark Business Park on Route 53 in Bethel.
Conveniently located 10 minutes from I-84 Exit 5. Accessible to Brookfield, Bethel, Danbury, Redding, Easton, Weston, Ridgefield, and Newtown.
Additional Information:
The property was previously the Connecticut headquarters for Handler Manufacturing and Magellan Aerospace. The building was used as a large machine shop.
Lease Details: The lease includes 1 loading dock and 1 overhead door, plus 3000 s.f. of office space.
Ownership and Management: The property is under new, experienced real estate ownership and management. Also for sale at $3,250,000.
Primary Leasing Company: Advantage Realty, Inc.
This is an excellent opportunity to lease a well-maintained manufacturing facility with recent upgrades in a prime location in Bethel, CT. For additional details or to discuss your specific industrial needs, please contact:
J. Michael Struna at 203-733-1290 or Mike@AdvantageRealtyInc.com.
Chris Cosio at 203-524-8635 or Chris@AdvantageRealtyInc.com.
Contact us
Listing Agency:
Advantage Realty Commercial
(203) 798-9345
Listed By:
J. Michael Struna · License #REB.0662410
(203) 733-1290
Source:
Moodyscre
Added: Jan 1, 2025
Changed: Sep 10
Last Checked: Oct 7 at 10:28AM
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%.
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
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
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Vacancy Rate% for Industrial in Northeast region
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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.
