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Leased Office Condo
For Sale
$165,000

160 Oak Street 1h, Glastonbury, CT 06033

Commercial condominium unit with an established driving-school occupant and tenant-paid utilities.

Property Size880 SF
Price / SF$187.50
Days on Market29

Property Features for 160 Oak Street 1h

General Information

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

Additional Details

HOA Fee $234.94

Building Details

Year Built 1986
Tenancy Single
Owner Occupied No
Listing Agency: Coldwell Banker Realty
Listed By: Mike Rethis · License #RES.0827952
Source: Homesbyshoshana
Added: Aug 4 Changed: Aug 29 Last Checked: Aug 30 at 8:26PM

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.

This 880-square-foot commercial condominium unit was built in 1986 and is occupied by a driving school under a long-term lease. The tenant pays all utilities, while ownership remains responsible for property taxes, insurance, and the monthly association charge. Association services include water, sewer, and restrooms. The unit is located at 160 Oak Street, Unit 1H, in Glastonbury, Connecticut.

Key Highlights

  • 880‑square‑foot commercial condominium unit
  • Occupied by a driving school under a long‑term lease
  • Tenant pays all utilities

Property 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 Auto Parts Store Big Box & Wholesale Store Storage Facility Garden Center Veterinary Clinic (Bike/Boat/Book/etc) 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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Commercial condominium unit with an established driving-school occupant and tenant-paid utilities.
Where is this office units 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: 880‑square‑foot commercial condominium unit; Occupied by a driving school under a long‑term lease; Tenant pays all utilities
More about this property
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