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Property profile & analytics
OFF-MARKET Estimated value $550,000
Industrial properties

34 Walnut St New Britain, CT 06051-2511

28,560 SF 0.52 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US15-1258034
Property summary
AI-generated overview

This exceptional commercial property, located at 34 Walnut Street in New Britain, Connecticut, offers 41,000 square feet of versatile space in a historic four-story brick building. Currently available for lease as a single tenant occupancy, this property presents a unique opportunity for businesses seeking a prominent location in Hartford County. The building features multiple levels of open space with offices on each floor, providing flexible configurations suitable for a wide range of uses. Potential tenants could adapt the space for corporate offices, healthcare facilities, technology companies, retail showrooms, educational institutions, or distribution centers. Amenities include multiple bathrooms, an elevator, a loading dock, and ample parking on a fully fenced half-acre lot with two convenient entrances and exits. The asking lease rate is a competitive $4 per square foot per year, NNN. The property's strategic location offers easy access to downtown New Britain, Route 9, and I-84, ensuring convenient commutes for employees and clients. The building's industrial-style architecture, highlighted by arched windows and distinctive brickwork, combines historic charm with modern functionality. This property is ideal for businesses requiring secure access, convenient logistics, and a central, easily accessible location in a thriving Connecticut community. The zip code is 06051.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 28,560 SF
Lot 0.52 ac (22,651 SF)
Zoning code CBD
APN NBRI M:C8B B:49
UPID US15-1258034
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Diamond Supply (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$675k
CAP Approach CAP
by Request
Comparable Approach Comparable
$568k
Blend (final) Blend
$550k
Owner & transaction history
Camiseria INC
Camiseria INC
since 2026
Last sale
$500,000
4 recorded transactions
2026
$1.3M
2022
$500,000
2000
Price N/A
1995
$69,000
Zoning & alternative use
CBD · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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