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136 W Main St 9,712 SF 100% Leased Office Building New Britain, CT 06052 $625,000 ($64.35/SF) 7.50% Cap Rate
Executive Summary
Amodio & Co has been exclusively retained to sell 136 W. Main Street, New Britain. This fully leased opportunity in Downtown New Britain offers a bite-sized medical investment, with near zero landlord involvement. Ideal 1031 replacement option! Long-term commitment to the location. Direct highway access to I-84 & I-91. Sprinkler & elevator. Roof replaced 2-3 yrs ago. $46,880/year NOI
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,712 SF
Building Class
C
Year Built/Renovated
1927/1987
Price
$625,000
Price Per SF
$64.35
Cap Rate
7.50%
NOI
$46,880
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,237 SF
Slab To Slab
10’
Building FAR
1.31
Lot Size
0.17 AC
Zoning
OP
Parking
22 Spaces (2.26 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | NBRI-000008B-000000-C000006 | Improvements Assessment | $260,470 |
| Land Assessment | $41,790 | Total Assessment | $302,260 |
Property Taxes
Parcel Number
NBRI-000008B-000000-C000006
Land Assessment
$41,790
Improvements Assessment
$260,470
Total Assessment
$302,260
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Contact the Sale Advisor
136 W Main St