104 Broad Street
Mixed-Use | 11 Units | 15,094 Sq Ft
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 104 Broad Street in New Britain, CT (the “Property”). The three-story building contains eight (8) 1-Bedroom/1-Bathroom units and three (3) Commercial units with 10,503 square feet of gross living area in 15,094 square feet of gross area. The Property is situated upon a 0.13-acre parcel and features on-street parking.
104 Broad Street is centrally located in downtown New Britain, offering immediate access to the city’s urban core, neighborhood retail corridors, and surrounding residential communities. The property benefits from strong regional connectivity via nearby Route 9, Route 72, and Interstate 84, providing convenient access throughout central Connecticut and to major employment centers including Hartford and Waterbury.
Investment highlights
ACCESS & CONNECTIVITY
104 Broad St in New Britain offers strong access to the city’s transit network and regional road system, with CTfastrak bus service nearby, rail access available at Berlin Station, and convenient connections to Route 9 and Route 72 for travel throughout central Connecticut
The Property is well positioned for public transportation, as CTfastrak links downtown New Britain with Hartford through frequent bus service, and local CT-transit routes also serve the area.
For rail travel, Berlin Station is the closest passenger rail option and provides service on the Hartford Line, with Amtrak connections available there as well. By car, the location benefits from quick access to Route 9 and Route 72, which connect New Britain to Hartford, Middletown, Plainville, and the broader interstate network.
AREA AMENITIES & DEMAND DRIVERS
The Property benefits from proximity to major employers including Stanley Black & Decker, which maintains its corporate headquarters in New Britain, as well as Central Connecticut State University, The Hospital of Central Connecticut, and Hospital for Special Care.
These institutions collectively employ thousands of workers and provide consistent demand for apartment housing from students, healthcare employees, administrative staff, and regional commuters.
The Property also benefits from its location near the city’s revitalized downtown district, which has experienced ongoing public and private investment centered around mixed-use development, transit-oriented housing, and neighborhood retail activation.
Broad Street is also located within New Britain’s well-known “Little Poland” neighborhood, one of the most established Polish-American districts in the Northeast, which contributes to the area’s unique cultural identity and local business environment.
DESIRABLE BRICK CONSTRUCTION
The Property features durable brick construction, a highly desirable attribute for multifamily housing that provides long-term structural integrity, fire resistance, and reduced maintenance requirements. Brick construction also delivers superior sound attenuation and thermal efficiency, contributing to lower utility costs and enhanced resident comfort while preserving long-term aesthetic appeal.
SEPARATELY METERED UTILITIES
Tenants are responsible for all utilities at the Property. This includes gas powered heating & hot water, separately metered electricity, and city water & sewer. The Landlord is responsible for common area electricity.
STRONG RENTAL DEMOGRAPHICS & DEMAND
More than 25,400 people live within 1 mile of the Property with an average household income of $60,939. Over 92,500 people reside within 3 miles of the Property with an average household income of $90,222.
QUALITY OF LIFE AMENITIES
The Property is located within the city’s well-known “Little Poland” district, home to numerous established local restaurants and specialty markets. Nearby dining options include Belvedere Cafe and Restaurant and Taste of Poland, both popular local destinations for traditional Polish cuisine, along with Thai Kitchen 29 and the downtown food hall concept at The Assembly Room.
Residents also benefit from proximity to a variety of national and quick-service dining options located along Main Street, East Main Street, and nearby commercial corridors, including Dunkin’, McDonald’s, Subway, and other everyday conveniences throughout the downtown area.
Retail amenities surrounding the property include neighborhood convenience stores and specialty grocers such as Compare Foods of New Britain, CTown Supermarkets, New Britain Market Place, and the local Polish market Polmart. Larger retail destinations are easily accessible as well, including New Brite Plaza and Westfarms in nearby West Hartford.
Outdoor recreation opportunities are anchored by Walnut Hill Park, a historic Frederick Law Olmsted-designed public park offering walking paths, athletic fields, playgrounds, open green space, and seasonal community events.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?













