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School-Tenant Commercial Condo
New
For Sale
$160,000

160 Oak St 1H, Glastonbury, CT 06033

A driving school occupies the unit under a long-term lease and pays its utilities.

Property Size880 SF
Days on Market3

Property Features for 160 Oak St 1H

General Information

Standard status Active
Size 880 SF
Property subtype Commercial
Net Operating Income $11,914

Additional Details

HOA Fee $234.94
Tenant in Place Yes

Building Details

Building Size 880 SF
Year Built 1986
Tenancy Single
Listing Agency: Coldwell Banker Realty
Listed By: Mike Rethis · License #RES.0827952
Source: Elliman
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 6:37PM

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

Rey
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Investment Insights

Based on property information with market context.

This commercial condominium unit is occupied by a driving school tenant under a long-term lease. The tenant covers utilities, while the owner is responsible for taxes, insurance, and the association charge, which includes water, sewer, and restrooms. The building dates to 1986.

The property is at 160 Oak St, Unit 1H, in Glastonbury, Connecticut. Its Walk Score is 51 and its Bike Score is 35.

Key Highlights

  • Occupied by a driving school tenant
  • Long‑term lease in place
  • Tenant pays utilities

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The River Church Glastonbury ... Church Degree Heating and Cooling Hardware & Home Improvement New England Bank ... Bank Meegan Tool Sales ... Rental Equipment Company Pre-wrap Medical Supply Store

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Catering Service Storage Facility Auto Parts Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,112
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
School - A driving school occupies the unit under a long-term lease and pays its utilities.
Where is this school located?
The property is located at 160 Oak St 1H Glastonbury, CT.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Occupied by a driving school tenant; Long‑term lease in place; Tenant pays utilities
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