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Flex Building in New Britain
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389 John Downey Dr, New Britain, CT 06051

33,276 SF flex building for sale or lease.

Property Size33,276 SF
Lot Size2.13 Acres
Price / SF$75.13
Days on Market1101

Property Features for 389 John Downey Dr

General Information

Standard status Active
Size 33,276 SF
Total Parking Spaces 50
Lot size 2.13 Acres
Property subtype Industrial
Zoning I1
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1972
Buildings 1
Stories 2
Listing Agency: O, R&L Commercial
Listed By: Thomas Wilks · License #CT RES.0783958
Source: Crexi
Added: Oct 12, 2023 Changed: Oct 15 Last Checked: Oct 14 at 10:10PM

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 O, R&L Commercial

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Investment Insights

Based on property information with market context.

This 33,276 SF flex building is available for sale or lease at 389 John Downey Drive in New Britain, CT. The building features 26,792 SF on the first floor and 6,480 SF on the second floor. It is equipped with 600 amp, 480 volt power. Situated on a 2.13-acre lot in the I1 zone, the property offers ample parking and monument/on-building signage. The location benefits from a traffic count of 5,800 ADT.

Key Highlights

  • 33,276 SF Flex Building suitable for Sale & Lease
  • Located in I1 zone on 2.13 acres
  • Ample parking available

Property Analytics

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Current Use

Hartford HealthCare Systems ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06051, CT

31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • CHEF J R ME — 240 newington ave, new britain, ct 06051

Frequently Asked Questions

What type of property is this?
Flex space - 33,276 SF flex building for sale or lease.
Where is this flex space located?
The property is located at 389 John Downey Dr New Britain, CT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 33,276 SF Flex Building suitable for Sale & Lease; Located in I1 zone on 2.13 acres; Ample parking available
(860) 761-6018 Call to check price and availability
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