35,160 SF Heavy-Power Manufacturing Facility – For Sale or Lease

35,160 SF Heavy-Power Manufacturing Facility

For Sale or Lease | Owner-User and Investment Opportunity

Advantage Realty Commercial is pleased to present a versatile 35,160-square-foot industrial manufacturing facility in Bethel, Connecticut, available for sale or lease.

Situated on approximately 3.00 acres, the property offers a compelling combination of in-place income, available owner-occupant space, and substantial manufacturing infrastructure. Approximately 17,000 square feet is occupied under a new five-year lease, leaving approximately 18,160 square feet available for an owner-user or additional tenant.

Offered for sale at $3,250,000, the property provides investors with immediate rental income and additional income-growth potential. Owner-users can occupy the available space while benefiting from rent generated by the existing tenant.

Manufacturing Infrastructure

Formerly occupied by established manufacturing operations, including Handler Manufacturing and Magellan Aerospace, the facility has been configured for precision manufacturing, machining, fabrication, assembly and other power-intensive industrial uses.

The building offers substantial heavy-power infrastructure, distributed electrical service, compressed-air lines and functional loading capabilities. Recent upgrades reduce the time and expense typically required to prepare an industrial facility for production.

Property Highlights

• 35,160 SF total building area
• Approximately 18,160 SF available
• Approximately 17,000 SF occupied under a new five-year lease
• Sale price: $3,250,000
• Lease rate for available space: $12.75/SF gross
• Approximately 4,000 SF of office space
• Substantial heavy-power electrical service
• New electrical subpanels
• Distributed 115V and 220V electrical drops
• Direct electrical feed for compressor equipment
• Compressed-air lines throughout the manufacturing area
• Approximately 17-foot clear ceiling height
• Fully sprinklered
• One truck well with dock leveler
• Two drive-in doors
• High-bay storage areas
• Approximately 85 parking spaces
• Municipal water and sewer
• Natural gas service
• IP Industrial Park zoning
• Clean environmental documentation is available for review

Recent Capital Improvements

Ownership has completed numerous improvements designed to support manufacturing productivity, logistics and employee comfort, including:

• High-efficiency LED lighting throughout the manufacturing and storage areas
• New electrical subpanels
• Additional 115V and 220V electrical drops
• Compressor electrical feed and compressed-air distribution
• High-bay storage racking
• Dock spotting light
• New dumpster enclosure
• New office carpeting
• Freshly painted office areas
• Updated employee kitchenette

These improvements provide an incoming user with valuable infrastructure already in place, helping avoid the cost and delay of constructing a manufacturing operation from scratch.

Owner-User Opportunity

The approximately 18,160-square-foot available portion offers an excellent opportunity for a manufacturer, machine shop, fabricator, assembler, contractor or specialty industrial company seeking to control its occupancy costs and build equity.

The existing tenant provides immediate rental income that can offset ownership expenses, creating an attractive alternative to leasing a standalone facility.

Investment Opportunity

Investors can acquire a well-located industrial property with:

• A new five-year lease covering approximately 17,000 SF
• Additional leasing upside in the available space
• Annual rental escalation potential
• Low historical real estate taxes
• Limited competing industrial inventory in Northern Fairfield County
• Flexible positioning for future owner-user or multi-tenant occupancy

The current Offering Memorandum presents the property as an owner-user or investment acquisition with in-place income and a pro-form investment return.

Strategic Bethel Location

The property is located near the Francis J. Clarke Industrial Park corridor on Route 53 and approximately 10 minutes from Interstate 84 at Exit 5.

The location provides convenient access to:

• Bethel
• Danbury
• Brookfield
• Newtown
• Ridgefield
• Redding
• Northern Fairfield County
• Westchester County and southeastern New York

The property is also approximately 0.9 miles from a rail terminal, supporting regional manufacturing and distribution operations.

Sale and Lease Terms

Sale Price: $3,250,000
Available Space: Approximately 18,160 SF
Lease Rate: $12.75/SF gross
Estimated Operating Expenses: Approximately $2.75/SF
Occupancy: Approximately 17,000 SF leased
Property Size: 35,160 SF
Land Area: Approximately 3.00 acres

159 Grassy Plain Street offers a rare combination of heavy-power manufacturing infrastructure, existing income, available owner-user space, recent capital improvements, and strong regional access.

Leasing and Sale Information

J. Michael Struna
Owner/Broker
203-733-1290
Mike@AdvantageRealtyInc.com

Chris Cosio
Vice President, Commercial Real Estate Services
203-524-8635
Chris@AdvantageRealtyInc.com