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Property Description
Excellent investment opportunity in Glastonbury. 160 Oak Street, Unit 1H is a commercial condo occupied by a long-term driving school tenant, making it an attractive option for an investor seeking steady income, minimal day-to-day management, and a relatively low price point for entry into commercial investment ownership. The property generates $11,914 net income, with the tenant paying all utilities and covering the first $1,000 in repairs. The owner is responsible for taxes, insurance, and monthly association charge of $234.94, which include water, sewer, and restrooms. Strong tenant, long-term lease, dependable income, and an accessible entry price make this a solid addition to an investment portfolio.
Features
Heating System:
Hot Air
Cooling System:
Central Air
Heat Fuel Type:
Natural Gas
Exterior Features:
Sidewalk
Flooring:
Wall-to-wall Carpet
Fireplaces Total:
0
Parking Total Spaces:
4
Location:
Highway Access, Suburban, Industrial Park, Office Park
Lot Description:
N/a
Water Source:
Public Water Connected
Address Map
Street:
Oak
Street Number:
160
Floor Number:
0
Longitude:
W73° 24′ 34.1”
Latitude:
N41° 42′ 37”
MLS Addon
Office Name:
Coldwell Banker Realty
Agent Name:
Mike Rethis
List Agent MLSID:
852286
List Office MLSID:
CBRB09
Tax Year:
July 2025-June 2026
Directions:
GPS
HOA Fee Amount:
$239
HOA Fee Frequency:
Monthly
Parcel Number:
573724
Property Tax:
$2,656
Unit Number:
1H
Zoning:
PI

Commercial For Sale

160 Oak, Glastonbury, 06033

0 Bedrooms
0 Bathrooms
880 Sqft
$165,000
Listing ID #24169046
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24169046
Price :
$165,000
Bedrooms :
0
Baths Total :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
880 Sqft
Year Built :
1986
Lot Area :
0 Acre
City:
Glastonbury
Zipcode:
06033
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 18 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…