Imagine the possibilities with this fabulous OPPORTUNITY with a solid Cap Rate and Upside Potential !


Property

Website:https://www.nestseekers.com/3194247
Address:
330 Main
Manchester, CT 06040
Ownership: Commercial
Type: Commercial
Area: 46000 sq ft

Financials

Price: $3,400,000
Annual Taxes: $17,785

Description

Imagine the possibilities with this fabulous OPPORTUNITY with a solid Cap Rate and Upside Potential!!This multi use space consists of 2 distinct buildings situated on a 1.6-acre lot with 64 parking spaces. The main building, The Armory, is a 40,000+ square foot built-to-last brick/masonry structure with 4 levels. Completed in 1927, it was used by the National Guard for training, vehicle storage, recreational activities and military dances. It includes 29 small-business office suites (approx 350–650 sq-ft each), main-floor office space, a 10,000 square foot gymnasium with balcony, and a 1,300 sq-ft apartment with direct rooftop access (potential patio use). The second building is a 5,720-sq-ft garage complete with customer entrance, back-office and meeting space. There is an additional 1070 sq-ft mezzanine. This space is currently used by the owner as an antique auto restoration business. 330 Main Street is located adjacent to Manchester Memorial Hospital, (recently purchased by ECHN/Yale) and in close proximity to Eastern Connecticut Health Network, Community Healthcare Credit Union and the Manchester Pharmacy. Manchester is positioned between UConn’s Storrs campus and downtown Hartford. Boston and NYC are both under 120 miles.

Amenities

  • 32" Minimum Door Widths
  • Accessible Bath
  • Awnings
  • Doors - 16-20 ft
  • Elementary School -
  • Employee Lounge
  • Hallways 36+ Inches Wide
  • High School -
  • Intermediate School -
  • Living Space Available
  • Loading - Dock Height
  • Loading - Grade
  • Public Restrooms
  • Sidewalk
  • Wall Unit
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of Kadji Anderson of Berkshire Hathaway NE Prop.

330 Main Manchester CT 06040 USA