Commercial Condo Investment
For Sale
$165,000
160 Oak Street #1H, Glastonbury, CT 06033
Commercial condo in Glastonbury with long-term tenant.
Property Size880 SF
Price / SF$187.50
Days on Market109
Property Features for 160 Oak Street #1H
General Information
Standard status
Active
Size
880 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$2,656
Amenities
Central air
Sidewalk
Central Air Cooling
Hot Air Heating
Parking Lot
Wall-to-Wall Carpet Flooring
Building Details
Year Built
1986
Listing Agency:
Coldwell Banker Realty
(860) 644-2461
Listed By:
MIKE RETHIS
Source:
Corcoran
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 8 at 3:02PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Located in Glastonbury, the commercial condo at 160 Oak Street, Unit 1H, presents an investment opportunity. The 880 square-foot property is occupied by a driving school tenant. The property generates $11,914 net income annually. The tenant is responsible for all utilities and the first $1,000 in repairs. The owner covers taxes, insurance, and a monthly association charge of $234.94, which includes water, sewer, and restrooms.
Key Highlights
- Steady income of $11,914 net annually
- Long‑term tenant (driving school) in place
- Minimal management required due to tenant responsibilities (utilities, first $1,000 in repairs)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,112
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
9,453 visits/mo
0.3 miles
Shell
Shops & Services
8,914 visits/mo
0.3 miles
M&T Bank
Shops & Services
2,418 visits/mo
0.4 miles
Demographics for 06033, CT
29,658
Population
12,315
Households
2.4
Avg Household Size
44
Median Age
68%
College-Educated
98%
High-School Grad
36.7 sq mi
ZIP Area
808
Density / Sq Mi
$144,394
Median Household Income
$80,753
Median Earnings
$1,656
Median Rent
$399,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial condo in Glastonbury with long-term tenant.
Where is this retail space located?
The property is located at 160 Oak Street #1H Glastonbury, CT.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Steady income of $11,914 net annually; Long‑term tenant (driving school) in place; Minimal management required due to tenant responsibilities (utilities, first $1,000 in repairs)
