389 John Downey Dr New Britain, CT 06051

Property Details for 389 John Downey Dr

Year built

1972

Construction

STEEL FRAME

Lot size

2.13 lot acres

Property size

32,520 SF

Zone code

I1

Property type

Industrial properties

APN

NBRI M:A9B B:3

APU

NBRIMA9BB3

Description

This exceptional 33,276-square-foot flex building, situated on a 2.13-acre lot in New Britain, Connecticut, presents a compelling investment opportunity. The property, located at 389 John Downey Drive, boasts a desirable I1 zoning designation and is currently vacant, offering immediate occupancy starting October 12, 2023. The two-story building features 26,792 square feet on the ground floor and 6,480 square feet on the second, equipped with substantial power (600 amp, 480 volt). The asking price is $2,500,000, translating to $75.13 per square foot. Ample parking is available with 50 spaces, complemented by prominent monument and on-building signage opportunities. The property benefits from high visibility, situated near Route 9, Exit 34, with a daily traffic count of 5,800 vehicles. Built in 1972, this building offers a 14-foot ceiling height and is offered as an owner/user opportunity with a NNN lease type. This prime location and versatile space make it ideal for a variety of industrial and flex uses. The property is ready for immediate occupancy and presents a strong return on investment.

Location Insight

City

New Britain

County

Hartford

State

Connecticut

Longitude

-72.7544

Latitude

41.6646

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments