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Property profile

135 Cross St Bristol, CT 06010

Manufacturing properties
Property ID
US15-0328387
View Sample
17,792 SF 1 ac lot Built 1964
Entity Owned 23-yr Hold ~ Est. High Equity
No photos on file
For Sale
Contact for pricing 17,792 SF
135 Cross St, Bristol, CT 06010-7434
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Property summary

AI-generated overview

This exceptional 17,792 square foot general commercial building is situated on a one-acre lot in the heart of Bristol, CT, offering a prime location for a variety of businesses. The exterior has recently been freshly painted, enhancing its curb appeal and presenting a professional image. Inside, the space boasts updated LED lighting throughout, providing energy-efficient and bright illumination. The building's ample square footage is ideally suited for industrial or manufacturing operations, offering plenty of room for machinery, equipment, and production lines. Its layout also makes it an excellent option for those seeking secure storage, perhaps for a large collection of vehicles or other valuable assets. The property's central Bristol location provides easy access to major transportation routes, ensuring convenient logistics for businesses. This is a rare opportunity to acquire a well-maintained, spacious commercial building in a desirable location. Note that an adjacent 0.88-acre lot is also available for separate purchase at $125,000, providing potential for expansion or additional parking. This presents a unique opportunity to acquire a substantial property with significant potential for growth and development. The asking price for the building is $999,000.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1964
Construction STEEL FRAME
Total area 17,792 SF
Lot 1 ac (43,560 SF)
Zoning code I
APN BRIS M:03 L:15-0177415
UPID US15-0328387

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Printing Service

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2002
7 recorded transactions
2013
Price N/A
2009
Price N/A
2002
$590,000
2002
Price N/A
2002
Price N/A
2000
Price N/A
1996
Price N/A

Zoning & alternative use

I · Bristol, CT
Zoning description

The I General Industrial Zone is intended to accommodate older industrial uses and heavy commercial operations and is intended to be less restrictive than the Industrial Park zones. 2.1.11 128BIndustrial Park Zones The I…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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