55 Winthrop StNew Britain, CT 06052
- Other commercial real estate
- 8,682 SF
Property Details for 55 Winthrop St
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 0.36 AC
- Property size (Sq ft)
- 8,682 SF
- Zone code
- T
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- NBRI M:D8A B:10
- APU
- NBRIMD8AB10
Description
This attractive two-story, 8,682-square-foot office building in New Britain, Connecticut, is available for lease. Located at 55 Winthrop St, 06052, this single-tenant property sits on a 0.36-acre lot in Capitol County. The building features a fully handicap-accessible design, with both the second-floor and basement suites serviced by an elevator. Recent renovations include fresh paint, new carpeting, and energy-efficient LED lighting throughout. Each suite boasts a reception area, one and a half bathrooms, and numerous offices, some equipped with hand sinks, making it suitable for medical use. The property is wired with CAT 5 cabling. Ample on-site parking is available, supplemented by a large overflow lot nearby. The asking rent is $15.00 per square foot gross plus utilities for the second floor and $13.00 per square foot gross plus utilities for the basement suite. This well-maintained property offers a prime location and modern amenities, making it an ideal space for a variety of businesses. The property is owner-managed, ensuring consistent upkeep and responsiveness to tenant needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,110,029
- 6.5%
- $1,947,719
- 7%
- $1,808,596
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,858,663
- Geo Method
- $2,858,663
-
Alternative Use
- Use
- Valuation
- Residential
- $1,642,974
- Hospitality
- $1,504,955
- Educational
- $1,252,105
- Medical
- $1,295,167
- Retail
- $1,947,719
Location Insight
- City
- New Britain
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.6592
- Longitude
- -72.7857
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
FAQs
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