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Two Office Condo Units Offered Together
For Lease
$299,000

1k-160 Oak St, Glastonbury, CT 06033

Flexible office space with separate utilities and gas heat across two condo units, ideal for owner-occupants or tenants.

Space SizeContact for details
Days on Market73

Property Features for 1k-160 Oak St

General Information

Standard status Active

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $2,163
Listing Agency: Century 21 AllPoints Realty
Listed By: Mimi Perrotti · License #RES.0816123
Source: Exprealty
Added: Jun 1 Changed: Aug 8 Last Checked: Aug 11 at 12:54PM

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 Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This offering includes two office condo units being sold together, providing a flexible arrangement for owner-occupants or investors. The spaces are described as spacious and light-filled, with an open layout designed to support a professional work environment. Each unit has separate utilities and is heated with efficient gas, offering both convenience and individualized cost control. The package is offered on an AS IS basis.

The property is located in downtown Glastonbury, Connecticut. The units are identified as Unit 1M (MLS 24161819) and Unit 1K (MLS 24179984), and they are being sold as a package.

For tenants or businesses seeking longer-term flexibility, the configuration allows for options such as occupying one unit while leasing the other. For buyers evaluating office condo ownership with multiple workspaces under one package, the separate utilities and gas heat may simplify operational planning between units. As presented, this is a two-unit office condo arrangement intended to support a range of professional business uses, depending on how the space is occupied or rented.

Key Highlights

  • Package includes two office condo units being sold together: Unit 1M (MLS 24161819) and Unit 1K (MLS 24179984)
  • Each office condo has separate utilities and efficient gas heat
  • Units are priced at $299,000 each, with a combined package price of $598,000

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Storage Facility Building Supply Garden Center (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

2
Office units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,472
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

Lease Benchmarks for Glastonbury, CT

$24.19 /SF/Yr
Avg Asking Price
$16–$34.5 /SF/Yr
Price Range
9,793 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office space with separate utilities and gas heat across two condo units, ideal for owner-occupants or tenants.
Where is this office units located?
The property is located at 1k-160 Oak St Glastonbury, CT.
What is the lease rate?
The lease rate is $299,000.
What are key features of this property?
This property features: Package includes two office condo units being sold together: Unit 1M (MLS 24161819) and Unit 1K (MLS 24179984); Each office condo has separate utilities and efficient gas heat; Units are priced at $299,000 each, with a combined package price of $598,000
More about this property
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