34 Walnut StNew Britain, CT 06051

  • Industrial properties
  • 28,560 SF
For Sale
$1,300,000 View listing

Property Details for 34 Walnut St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.52 AC
Property size (Sq ft)
28,560 SF
Zone code
CBD
Property type
Industrial properties
Property subtype
Other industrial properties
APN
NBRI M:C8B B:49
APU
NBRIMC8BB49

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,404,669
    Hospitality
    $4,950,648
    Educational
    $4,118,881
    Medical
    $4,260,536
    Retail
    $6,407,148
34 Walnut St, New Britain, Connecticut

Location Insight

City
New Britain
County
Hartford
State
Connecticut
Latitude
41.6652
Longitude
-72.7829
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,588
$42,630
$312,340
$354,970
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-
-
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