Price Reduced 13.72%
Price History
$985,000
7/1/2024
$849,900
8/3/2024
257 East Center Street, Manchester, CT, 06040
1970
12,112 sqft
Let me tell you more about this rare find 'multi building compound' currently used as offices which can potentially be turned into a planned residential development. This property includes two separate buildings and a stand alone workshop or storage facility on 1.63 acres. Building A was built in 1970, with two floors totaling 8064 sq ft and offers a flexible/sub dividable floor plan for any # of office spaces or converted residences. This makes it very easy to accommodate tenants with different size requirements. Currently there are 4 office suites of varying sizes. One very long term medical tenant would like to stay on and occupies the entire first floor of 4032 sq ft. Building B was built in 1915 and is currently divided into 4 separate office spaces with a total of 3600 sq ft. If turned into residential units, the 3rd floor may be finish-able. Both buildings are in excellent shape with amenities such as gas heat, central air and over 40 parking spaces. At the back of the property is a free standing 'rentable' workshop of 400 sq feet with electric, heat and air. Use it as storage or rent it out. Ask for more details on income, office tenants or residential conversion requirements.
Status:
Active
Type:
Commercial
Units:
8
Zoning:
RC
Frontage:
State Road
Garage:
Paved, Parking Lot, Off Street Parking
Heating:
Hot Air
Cooling:
Central Air
Parking:
40-car
Acreage:
1.63
Est. Taxes:
$21,792
Assessment
$563,400
Current Use
Offices
Permitted Use
Offices, Residential Apartments
Utilities
Electric,Gas,Cable
Lot Description:
Level Lot,Cleared
Days on Market:
79
MLS #:
24029494
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Denise Reale, CENTURY 21 AllPoints Realty Email: c21talk@aol.com