500 Burritt St - Light Distribution FOR SALE


New Britain, CT 06053
$349,999 USD
860-308-6115
500 Burritt St, New Britain, CT for Sale
$349,999 USD
Light Distribution - FOR SALE
1/4
null | Request Cap Rate

500 Burritt St
New Britain, CT 06053


HIGHLIGHTS

  • Versatile Retail/Industrial building
  • Multifamily Conversion
  • Many improvements | LOW TAXES

OVERVIEW

Don't miss out on this exceptional opportunity to acquire a versatile Retail/Industrial building boasting an impressive 8,904 square feet of interior space, complete with convenient off-street parking located at the rear of the premises. With a prominent storefront and a spacious open floor plan spanning all three floors, this property offers endless possibilities for adaptation and transformation. Recent upgrades, including a brand-new roof and columns, make this building ready to fulfill a variety of purposes. Essential utilities are in place and functioning, awaiting a new owner's future build-out. Of particular note is the potential for conversion into multifamily residences, subject to thorough buyer due diligence. The property is located within a residential zoning district, giving it further versatility and value. LOW TAXES - $3,649!

FOR SALE DETAILS

PRICE

$349,999 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Apartment Conversion

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24

LAND SF

10,454

ZONING

A1

APN/PARCEL ID

NBRI-000005A-000000-D000070

ASK ABOUT THIS PROPERTY

Thuyan TranOxford RealtyMore Info
860-308-6115

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Thuyan TranOxford RealtyMore Info
860-308-6115

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.