655 East St - Churches FOR SALE


New Britain, CT 06051- New Britain/Newington/Wethersfield
$1,999,999 USD
860-307-5945
655 East St, New Britain, CT for Sale
$1,999,999 USD
Churches - FOR SALE
1/3
null | Request Cap Rate


HIGHLIGHTS

  • This excellent opportunity features a 3.5-acre parcel with a three story rectory building and a two story church building for redevelopment.
  • The town has recently rezoned the area to encourage development.

OVERVIEW

Solid, well-designed church and rectory on a massive 3.5 acres parcel on a corner with a traffic signal. The rectory was built in 1916 and has hardwood floors throughout. Plaster walls and ceilings are all in excellent condition. Beautiful wood trims and stair balusters add a nice finishing touch on this remarkable 5,718 square foot rectory building. The church was built in 1969 and is not a traditionally shaped church structure. the first-floor measures 7,408 square foot and has a wide-open floor plan with 16 foot-high ceilings and unusual, durable stucco walls. Downstairs is also 7,408 square feet and includes a kitchen, a large bingo hall, as well as the mechanical rooms. The buildings and site can easily be retrofit into an office use, medical use, housing or mixed use. The city recently rezoned the area to a Transit Oriented Development zone and is recommending a realignment of Newington Avenue. The TOD zone encourages multi-family development along with mixed-use. Bring your ideas for this rare opportunity. The city is looking forward to working with you. This excellent opportunity features a 3.5 acre parcel with a three story rectory building and a two story church building for redevelopment.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$97 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.5 AC

LAND SF

152,460 SF

ZONING

TOD

APN/PARCEL ID

NBRI-000007D-000000-B000001

ASK ABOUT THIS PROPERTY

Mario LongobuccoColdwell Banker Commercial RealtyMore Info
860-307-5945

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

Mario LongobuccoColdwell Banker Commercial RealtyMore Info
860-307-5945

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