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159 Grassy Plain Street, Bethel, CT 06801


  • For Sale
  • Active
  • Commercial Lease
159 Grassy Plain Street, Bethel, CT 06801View this property at 159 Grassy Plain Street, Bethel, CT 06801
159 Grassy Plain StreetBethelCT06801

Property Description

Sale price was just reduced $700,000 to $1,495,000. This is 33% below previous asking price of $2,195,000. This property is offered for sale or lease. Current lease expires 3 June 2018. Lease at $4.95 s.f. NNN. Nets are estimated at $2.50 s.f. Landlord is offering a 5 year lease term on expiration of the current Tenant's term. The building is in excellent condition. The property is fully sprinklered with 2,000 amps of power and 85 parking spaces. This 35,512 s.f. manufacturing facility has 8,952 s.f. of office space and is sited on 3 Acres. Taxes are $46,195 for 2018. Loading dock and two drive in doors. Numerous restaurants and other services available in close proximity.

Full Property Detailsfor 159 Grassy Plain Street


  • Price: $4
  • Taxes: $46,195 (July 2017-June 2018)
  • Status: Active
  • Type: Commercial Lease
  • MLS ID: 99157757
  • Updated: 1/16/2018
  • Added: 608 day(s) ago

Property History

  • 159 Grassy Plain Street, Bethel, CT
  • Reduced to $4 on 12/29/17
  • Listed at $5 on 8/1/16


  • Business Type: Other


  • Interior Features: Loading - Dock Height, Employee Lounge, Fire Suppression System, Handicap Design, Public Restrooms, Security System
  • Flooring: Concrete, Vinyl



  • Restrooms: 2


  • Parking: Off Street Parking, Parking Lot, Paved
  • Garage Description: Off Street Parking, Parking Lot, Paved


  • County: Fairfield
  • Neighborhood: Grassy Plain
  • Driving Directions: Route 53 South of Bethel and just prior to Clarke Business park on the Right.
  • Location Details: Highway Access, Industrial Park, Suburban


  • Community Name: Grassy Plain

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Heat Pump, Natural Gas
  • Heating Fuel: Natural Gas


  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Cable Available, Electric Available, Gas Available, Phone Available
  • Onsite: Cable Available, Electric Available, Gas Available, Phone Available

Structural Information

  • Exterior Const.: Metal
  • Roof: Metal
  • Amps: 200
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 35,160
  • Sq. Ft. Source: Approximate
  • Current Bldg. Use: Magellan Aerospace
  • Warehouse: 35,160 Sq. Ft.
  • Year Built: 1984

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Size (Acres): 3
  • Frontage: Paved Road, U.S. Highway
  • Street/Road Desc.: Paved Road, U.S. Highway
  • Present Use: Magellan Aerospace
  • Zoning: I
  • Lot Description: Level Lot

Water Features

  • Docks: 1

Financial Considerations

  • For Sale: Yes
  • Security Deposit: 2 Months
  • Assessment Amount: $1,404,970
  • Tax Amount: $46,195
  • Tax Year: July 2017-June 2018
  • Tenant Pays: Air Conditioning, Electricity, Expenses Over Base, Heat, Insurance, Janitorial Service, Parking, Real Estate Taxes, Sewer, Snow Removal, Trash Service, Water

Disclosures and Reports

  • Documents Avail.: Plot Plan/Survey
  • Property ID: 6318

Listed by Advantage Realty, Inc., Michael Struna

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Schoolsserving 159 Grassy Plain Street

School District:Bethel School District
School Name
Bethel High School
300 Whittlesey Dr, Bethel, CT 06801
1.9 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

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Listed by Advantage Realty, Inc., Michael Struna

159 Grassy Plain Street, Bethel, CT 06801 (MLS# 99157757) is a Commercial Lease property. 159 Grassy Plain Street is currently listed for $4 and was received on August 22, 2016. Want to learn more about 159 Grassy Plain Street? Do you have questions about finding other Commercial Lease real estate for sale in Bethel? You can browse all Bethel real estate or contact a Coldwell Banker agent to request more information.