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    1108 East St New Britain, CT 06051

    Sponsored
    For Lease
    $16 SF/Yr ($5,546 /Mo)

    Spacious 4,160 sq ft Manufacturing/Warehouse

    Lot size:
    4,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,160 square foot property, located at 1108 East Street in New Britain, Connecticut, presents a significant opportunity for industrial or manufacturing businesses. Situated on a one-acre lot in Hartford County, this single-tenant building offers ample space for a variety of uses. Built in 1980, the property features two buildings with a ceiling height ranging from 12 to 14 feet, providing excellent vertical clearance for equipment and storage. The zoning is specifically designated for auto repair, making it ideally suited for a business in that sector. The property includes a fully equipped 7-bay auto body and repair shop, capable of accommodating six cars and one truck (with a 12-foot clearance). Some existing equipment, including a paint booth, will remain with the property. The property boasts "plenty" of on-site parking, ensuring convenient access for employees and customers. The vacant 4,160 square feet offers immediate occupancy for a new tenant. This property is a rare find, combining a prime location with versatile space and existing infrastructure. The zip code is 06051.

    Property Features for 1108 East St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,160 SF
    Total Rate
    5546.67

    Building Details

    Year Built
    1980
    Buildings
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,160 SF
    Rate per SF
    $16

    HighLights

    • Asking price: $16.00 PSF + Utilities
    • Great location in New Britain, CT; rare auto repair space
    • 4,160 SF total; 4,160 SF available
    • Two‑story building with 1/4 floor of office space
    • Auto repair zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Z2 Motorsports Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7621046
    Latitude
    41.6828649

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    FAQs

    What type of property is this?
    Distribution property - Spacious 4,160 sq ft Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 1108 East St New Britain, CT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Asking price: $16.00 PSF + Utilities; Great location in New Britain, CT; rare auto repair space; 4,160 SF total; 4,160 SF available
    Request Owner's contact information
    1108 East St New Britain, CT 06051
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    New Britain, CT 06051
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    Realmo Value Estimation

    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.

    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.

    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
    1108 East St New Britain, CT 06051
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