Sold

Closed

257 East Center Street

Manchester CT, 06040

$650,000


$53.67 per sqft

Sold

Closed

12,112 sqft

Commercial

Built in 1970

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.

24029494

MLS ID

July 1, 2024

Listed

November 22, 2024

Updated

Map

257 East Center Street
Manchester CT, 06040

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas, Forced Air

Exterior/Building Features

Lot Size

1.63 Acres


Lot Features

Cleared, Level


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

N/A


Taxes

$21,792


Tax Frequency

Annually


Days on Market

105


Garage

No


Parking

Off Street, Parking Lot


Parking Total

40


View

No


County

Hartford


Water Source

Public


Pool

No


Zoning

RC

Listing History

Date

Event

Price

11/15/2024

Sold

$650,000

10/16/2024

Pending

10/14/2024

Under contract

8/3/2024

Price change

$849,900

-14%

Listed by Denise Reale with Century 21 AllPoints Realty

Listing Contact: 8607298172 

The IDX display contains information sourced from the  Smart MLS, Inc as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024  Smart MLS, Inc all rights reserved.

Data last updated on 11/22/2024 at 6:22 AM UTC

Powered byLuxury Presence