Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    44 Grassy Plain St Bethel, CT 6801

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,900

    Versatile commercial space ideal for retail, service, or warehouse operations.

    Type:Commercial
    Property size:
    5,700 SF
    Lot size:
    0.18 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 8:12 pm

    Property Features for 44 Grassy Plain St

    General Information

    Standard status
    Active
    Size
    5,700 SF
    Lot size
    0.18 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

    We can help!

    Listing Contact
    Alexander Watson

    Listing agent Alexander Watson

    Listing office Keller Williams Realty

    Listing date Apr 24, 2026

    Source Elliman

    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 Keller Williams Realty

    Overview

    Motorcycle Dealership with Service Bays

    This commercial property, currently operating as a motorcycle sales and service dealership, offers approximately 5,700 sq ft of space. The layout includes 4,440 sq ft of warehouse area and 1,260 sq ft of retail showroom space. The building features nearly 2,000 sq ft of dedicated service bay space, equipped with two overhead doors, suitable for service, repair, or light industrial applications. A large mezzanine level provides additional storage or operational flexibility. Situated on a .18-acre lot, the property includes additional outdoor storage. The location offers high visibility and accessibility, making it suitable for retail, service, automotive, or warehouse operations. Utilities include city water and sewer, gas hot air heat, and central air conditioning. The location has a bike score of 51, indicating it is bikeable, and a walk score of 68, indicating it is somewhat walkable.
    Location Intelligence

    Current Use by Public Records

    Hamlin Cycles Motorcycle Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Enterprise Rent-A-Car — 9 South St, Danbury, CT 06810
    • U-Haul Neighborhood Dealer — 105 Wooster St, Bethel, CT 06801

    Location Insight

    • Map
    • Local Demand
    City
    Bethel
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4242175
    Latitude
    41.3756161

    Nearby Similar for Sale

    • $499,900
      5,700 SF

      Bethel Commercial Opportunity For Sale

      Established motorcycle dealership with warehouse and retail space for sale.
      44 Grassy Plain Street, Bethel, CT 06801
      View Details
    • $839,000
      4,132 SF

      Well-Maintained Bethel Three-Family Property

      Three-family property in Bethel with income potential and recent updates.
      14 Fleetwood Park, Bethel, CT 06801
      View Details
    • $499,900
      5,700 SF

      Versatile Commercial Building For Sale

      Established motorcycle dealership with warehouse and retail space.
      44 Grassy Plain Street, Bethel, CT 06801
      View Details
    • $839,000
      4,132 SF

      Bethel Three-Family Income Property

      Well-maintained three-family property in Bethel with income potential.
      14 Fleetwood Park, Bethel, CT 06801
      View Details
    • $875,000
      3,210 SF

      Prime Corner Retail Investment Opportunity

      Retail property on Greenwood Avenue with long-term tenant.
      1 Front St, Bethel, CT 06801
      View Details
    • $3,000,000
      19,014 SF

      Versatile Retail Space in Bethel

      19,014 SF retail property on 3.17 acres for sale.
      74 South St, Bethel, CT
      View Details
    • Contact for pricing
      311,187 SF

      Vacant Office and Flex Asset

      Three-story office and flex/R&D asset in Fairfield County, Connecticut.
      Bethel, CT 06801
      View Details
    • $499,000
      11,232 SF

      Office/Flex Condominium For Sale

      11,232 SF office/flex condominium in Berkshire Corporate Park.
      6 Berkshire Blvd, Bethel, CT 06801
      View Details

    FAQs

    What type of property is this?
    Automotive property - Versatile commercial space ideal for retail, service, or warehouse operations.
    Where is this automotive property located?
    The property is located at 44 Grassy Plain St Bethel, CT.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Highly visible location at a busy intersection, ideal for attracting customers.; Versatile 5,700 sq ft space suitable for retail, service, automotive, or warehouse operations.; Includes **4,440 sq ft of warehouse space and 1,260 sq ft of retail showroom area.**
    (203) 273-6575
    We can help!
    Listing Contact
    Alexander Watson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!