Commercial Real Estate in New Britain

Unlock property data on 6,387 commercial properties in New Britain. Search through New Britain property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Popular searches around New Britain

Reonomy attracts a large community of New Britain commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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New Britain commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Connecticut New Britain
Average price/sqft $1,168 $149 $62
Median price/sqft $119 $83 $60
Average sold price $1,117,563 $541,702 $193,349
Median sold price $197,898 $220,175 $183,666
Number of sales 3,902,326 15,863 572
Number of sales over $250k 1,658,544 6,979 121
Number of sales over $1m 383,309 1,052 4
Number of sales over $10m 55,529 70 --
Average total tax amount $9,284 $12,648 $9,924
Average assessed value $314,793 $435,667 $253,724
Average market value $404,302 $62,756 $253,724

New Britain commercial real estate property averages

Property averages United States Connecticut New Britain
Average lot size 816,718 sf 145,564 sf 18,656 sf
Median lot size 24,408 sf 12,199 sf 7,841 sf
Average building area 1,096 sf 97 sf 54 sf
Median building area 77 sf 59 sf 47 sf
Median year built 1970 1925 1923
Average number of units 16 3 3
Median number of units 2 2 2

New Britain commercial real estate total supply

Supply United States Connecticut New Britain
Number of parcels 58,289,378 301,761 6,466
Aggregate lot acerage 993,306,397 559,444 2,240
Aggregate building area 8,102,395,269 sf 9,590,744 sf 199,866 sf
Aggregate units 89,958,854 427,127 15,219

New Britain commercial real estate industrial mortgages

Debt United States Connecticut New Britain
Number of mortgages 41,608,099 443,332 18,872
Average value of mortgages $5,187,372 $751,835 $416,216

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