Multifamily Property for Sale in Manchester, CT

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Manchester, CT 06042
  • Size: 2,664 SF
  • Year built: 1825

Description

DEVELOPMENT OPPORTUNITY CLOSE TO BUCKLAND PLAZA, BURR CORNER AND BUCKLAND MALL AREAS. HIGH TRAFFIC COUNT OVER 25,000 PER DOT. THIS PROPERTY IS COMMERCIALLY ZONED SDC. THERE IS APPROXIMATELY .72 ACRES. THIS IS A GREAT TIME TO OWN ONE OF THE LAST DEVELOPMENTAL PIECES IN THIS AREA. COULD BE STRAIGHT COMMERCIAL OR A MIXED USE/RESIDENTIAL PROPERTY. EASY ACCESS DIRECTLY FROM BUCKLAND OR THE SIDE STREET. CURRENT USE OF PROPERTY INCLUDES A TWO UNIT RENTAL PROPERTY, A ONE BEDROOM AREA THAT COULD POTENTIALLY BE AN ADDITIONAL UNIT (BUYER TO VERIFY WITH TOWN) AND A GARAGE WORKSHOP. PUBLIC WATER AND SEWER ALLOWS FOR THE BEST USE OF THE PROPERTY TO BE REDEVELOPED AND MODERNIZED FOR MAXIMUM POTENTIAL INCOME. SELLER WILL ALSO CONSIDER A LONG TERM GROUND LEASE. THERE IS AN ADJOINING LOT FOR SALE WHICH COULD MORE THAN DOUBLE THE BUILDABLE SPACE CREATING MANY MORE OPTIONSFOR THIS VALUABLE CORNER LOT. BEST FORM OF CUMMUICATION FOR QUESTIONS OR TO SET UP A SHOWING APPOINTMENT IS VIA EMAIL TO LISITNG AGENT AT DALE@KWCOMMERCIAL.COM FIRST SHOWING WILL BE FOR EXTERIOR OF THE BUILDING ONLY. AGENT AND/OR PROPERTY OWNER WILL BE PRESENT FOR ALL SHOWINGS. INTERIOR SHOWINGS CAN BE ARRANGED AFTER INITIAL EXTERIOR SHOWING. TENANTS REQUIRE ADVANCE NOTICE TO SHOW FOR SECOND AND SUBSEQUENT SHOWINGS. PREQUALIFIED/PROOF OF FUNDS/ PREAPPROVAL NEEDED FOR ALL INTERIOR SHOWINGS FROM SERIOUS BUYERS ONLY. Building SF: 2664 | Land Size: 0.72 Ac | Year Built: 1825 | Listing Type: FOR SALE

Market Context

This multifamily in Manchester, CT is listed for sale across 2,664 SF. The building dates to 1825. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Manchester, CT — <a href="/search/sale/multifamily/connecticut/manchester">view the full market</a>.

Contact

Explore this market

Similar Multifamily Property for Sale in Manchester, CT