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44 Grassy Plain St 5,700 SF 100% Leased Retail Building Bethel, CT 06801 $499,900 ($87.70/SF) 8% Cap Rate
Executive Summary
Exceptional commercial opportunity at a highly visible intersection. This well-established motorcycle sales and service dealership offers approximately 5,700 sq ft of versatile space including 4,440 sq ft of warehouse and 1,260 sq ft of retail showroom area. The building features nearly 2,000 sq ft of dedicated service bay space with two overhead doors, ideal for service, repair, or light industrial use. A large mezzanine level provides additional storage or operational flexibility.
Situated on a .18-acre lot with additional outdoor storage, the property offers excellent exposure and accessibility for a variety of commercial uses. Utilities include city water and sewer, gas hot air heat, and central air conditioning. This highly visible location makes it an ideal opportunity for owner-users or investors seeking a property suited for retail, service, automotive, or warehouse operations.
Situated on a .18-acre lot with additional outdoor storage, the property offers excellent exposure and accessibility for a variety of commercial uses. Utilities include city water and sewer, gas hot air heat, and central air conditioning. This highly visible location makes it an ideal opportunity for owner-users or investors seeking a property suited for retail, service, automotive, or warehouse operations.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront
Building Size
5,700 SF
Building Class
C
Year Built
1920
Price
$499,900
Price Per SF
$87.70
Cap Rate
8%
NOI
$39,992
Percent Leased
100%
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.73
Lot Size
0.18 AC
Zoning
C
Parking
3 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
43’ on Grassy Plain St.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Hamlin Cycles
- Wholesaler
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Hamlin Cycles | Wholesaler | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | BETH-000014-000008-000025 | Improvements Assessment | $99,820 |
| Land Assessment | $207,900 | Total Assessment | $307,720 |
Property Taxes
Parcel Number
BETH-000014-000008-000025
Land Assessment
$207,900
Improvements Assessment
$99,820
Total Assessment
$307,720
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44 Grassy Plain St
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