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    205 Kelsey St Newington, CT 06111

    Sponsored
    For Lease
    $20 SF/Yr

    Newington, CT: Flexible Office & Warehouse Space

    Lot size:
    86,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Town Line Business Park, located at 205 Kelsey St, Newington, CT 06111, offers exceptional office and warehouse/distribution space in Hartford County. This multi-tenant property boasts a total of 86,000 square feet, with flexible options available. Units range from a minimum of 3,800 square feet to a maximum contiguous space of 12,000 square feet, catering to a variety of business needs. The property is ideally suited for businesses requiring both office and warehouse functionality. Currently, three spaces are available, offering the potential for immediate occupancy. For tenants signing a five-year lease, a six-month rent-free period is offered. The property allows for a turnkey build-out to accommodate specific tenant requirements, ensuring a seamless transition and efficient workspace customization. The property's strategic location in Newington, Connecticut provides easy access to major transportation routes, enhancing logistical efficiency for businesses. This presents a compelling opportunity for companies seeking adaptable and well-located commercial space in a thriving Connecticut market.

    Property Features for 205 Kelsey St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    86,000 SF
    Total Rate
    143333.33

    Unit(s) available at that property

    Space
    Available Space 1 (Unit 207)
    Size
    3,995 SF
    Rate per SF
    $20
    Space
    Available Space 2 (Unit 203)
    Size
    3,680 SF
    Rate per SF
    $20
    Space
    Available Space 3(Unit 205)
    Size
    4,020 SF
    Rate per SF
    $20

    HighLights

    • 3,800‑12,000 SF of second‑floor office space available.
    • Turnkey build‑outs available.
    • Pricing available upon request.
    • Quality brick construction.
    • On‑site full‑service restaurant.
    • On‑site bus stop with shelter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Community Residences Inc Non-Profit Organization Dr. Gabriel Arimoro Psychiatrist Hartford HealthCare Independence ... Home Health Care Service Rani Tool Corp. Tool Manufacturer Twin Oaks Software ... Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply 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
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7489001
    Latitude
    41.6539277

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    FAQs

    What type of property is this?
    Office space - Newington, CT: Flexible Office & Warehouse Space
    Where is this office space located?
    The property is located at 205 Kelsey St Newington, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 3,800-12,000 SF of second-floor office space available.; Turnkey build-outs available.; Pricing available upon request.
    Request Owner's contact information
    205 Kelsey St Newington, CT 06111
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    Newington, CT 06111
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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
    205 Kelsey St Newington, CT 06111
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