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32748502
32748503

500 BURRITT ST, NEW BRITAIN, CT 06053-3615

TT
CT REB.0794813
OXFORD REALTY
Listed by OXFORD REALTY
$299,999
17 days on market
Updated 17 days ago

Retail/Industrial building

Details
APN 09003089-D5A 70
Property Type Retail, Office (+1)
Sub Type Traditional Office, Creative Office (+1)
Square Footage 9,930
Units 2
Year Built 1907
Stories 2
Lot Size (SqFt) 10,409
Zoning A-1
Parking Spaces 5 spaces
Parking Per SqFt 0.50
Investment Type Value Add
Ground Lease No
Loading Docks 1

Low Taxes/Retail/Industrial/2 Units

Marketing description

Don't miss this exceptional opportunity to acquire a versatile Retail/Industrial building offering approximately 9,930 square feet of interior space, complete with convenient off-street parking at the rear. Featuring a prominent storefront and an expansive open floor plan across all three levels, the property presents endless potential for repositioning or redevelopment. Recent improvements include a brand-new roof and structural columns, providing a strong foundation for a variety of uses. All essential utilities are in place and operational, ready for a new owner's custom build-out. Additionally, the property offers potential for multifamily conversion and is situated within a residential zoning district, enhancing its flexibility and long-term value. An added benefit is the low annual property taxes of approximately $3,735, making this an even more attractive investment opportunity!

Investment highlights

  • Low Taxes
  • 2 units
  • Mix Use
  • New Roof
  • Expansive Open Floor Plan
  • Prominent Store Front
  • Natural Gas
  • Public Water and Sewer
  • Loading dock ensures efficient and hassle-free logistics for loading and unloading goods. On-site parking available in the back of the building

Listing Contacts

TT
CT REB.0794813
OXFORD REALTY
Listed by OXFORD REALTY

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Additional Information

Name
Thuyan Tran
License
REB.0794813
Brokerage
Oxford Realty
Title
Broker of Record
Brokerage Address
151 New Park Avenue, Suite 115, Hartford, CT 06106
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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