Versatile commercial building available in a thriving Downtown area of New Britain! Featuring 3 stories, 1 full bath and 4 half baths, with a total of 13 rentable units (6 on first floor with half bath/restroom, 6 on second floor with full bath/restroom and a huge hall/venue on the 3rd floor). First floor is also equipped with a kitchen that includes a refrigerator, dishwasher, sink and cooktop (no oven). This property also features a basement with 2 half baths. Potential uses could be law offices or other office/meeting spaces, art or antique shop, shoe or apparel store, tailoring, furniture store, jewelry store, custom made products shop, book store, church, event venue - but the full list is endless! Full list of uses per zoning, available upon request. Four parking spaces available behind building. Centrally located in downtown New Britain near other local restaurants and shops. Tour today!
Opportunity to acquire this well-maintained, double-net investment! Built in 1974, this single-story industrial office spans 14,981 square feet on a generous 2.33-acre lot. The building is equipped with central heating and air conditioning, features modern finishes, and is constructed with a durable steel frame and brick/masonry exterior. Currently occupied by Lincoln Technical Institute for over 19 years, this property yields a gross annual rent of $239,748, with a 3 percent annual increase. A new four-year lease is set to begin in January 2025. Lincoln Technical Institute is a nationally recognized institution specializing in career-focused training and education. With a strong emphasis on hands-on learning, Lincoln Tech offers programs across a variety of technical fields, including automotive technology, healthcare, skilled trades, culinary arts, and information technology. The institution has a history of long-term occupancy in purpose-built educational spaces, making it a stable and reliable tenant.
$46OK NOI 21 Unit New Apartments Live auction bid on TenX 11.11.24 asking price is starting bid The Andrews is a 28,475 SF investment property that recently underwent a multimillion dollar restoration, office to residential conversion to 20 luxury one-bedroom apartments with an actual net operating income of $460,000. The Andrews combines historic Beaux Arts architecture with modern luxury, offering boutique-style apartments equipped with smart technology, secure keyless entry, sophisticated finishes, and black/stainless steel appliances. In addition, the building offers common amenities such as an elevator, laundry room, and the convenience of having EV charging stations at the parking lot. Situated in beautiful Downtown New Britain, this property provides a rare long-term market opportunity for investors. The Andrews benefits from its strategic location in the burgeoning Downtown New Britain area, which is experiencing significant growth and revitalization. Tenants enjoy immediate access to downtown with a healthy selection of emerging restaurants, retail shops, and arts organizations. In addition, The Andrews is within a 15-minute drive to Downtown Hartford and West Hartford. The property is conveniently situated within minutes of Routes 9 and 72 and just two blocks from the CTfastrak station, ensuring excellent connectivity.
Huge investment opportunity!! Don't miss your chance to own this 4 unit, unicorn property. Comprised of 2 BUILDINGS, 2 residential & 2 commercial industrial units. Everything is brand new inside and out. The 2 residential units, boost high market rent yield potential. Be the first to occupy this huge, turn key property. (3) bedrooms per unit. Over 2,300+ sq ft of living space. $2,600 per unit. High efficiency, Natural Gas fired furnace and on demand hot water heaters and gas stoves. Open Front porch. LED lighting inside and out. Electrical panels are located in all the units, including an owners service. Big basement for additional storage. Hard wired smoke/CO detectors. 1 Car attached garage, great for added storage or rental income. $200 per month additional revenue. Industrial building with 2 commercial units. Trendy NY style building with lofty office space and french doors that lead to a rooftop, with potential for an outdoor patio area. (2) Commercial high bay garage doors with loading docks. High ceilings, gas heat and 3 phase electrical service. New black custom industrial windows, rubber roof and gutters. There were no expense's speared. Both buildings are on 1 deed and sold as a package. Perfect flex space for many different potential businesses. Each commercial unit rents for $1,500-2,000. Total gross rental income for both buildings is around $9,000 per month. Huge driveway and parking lot freshly sealed provides plenty of off street parking. All proper permitting
Distribution, Warehouse, retail or more, bring your business today and flourish with your ideas for growth . Book your viewing today .
Commercial Property- This building comes with an established business, including a license to sell and service used vehicles. The property features: An upstairs apartment, A fully equipped body shop, Insulated brick construction, New electrical system, New roof, New lifts. Recently repaved pavement (redone 5 years ago) This versatile property offers a blend of residential and commercial opportunities, ideal for continuing or expanding the existing business.
Seize this fantastic opportunity to acquire a well-established liquor store located in the heart of downtown. With impressive profits and a prime, convenient location, this business is FULLY stocked with a wide variety of liquor, wine, beer, cigarettes, and lottery tickets. Benefit from a loyal base of repeat customers and steady daily foot traffic. This turnkey business includes inventory, fixtures, an ATM machine, fridges, cash registers, and displays. If you're considering a new business venture, look no further. Enjoy easy parking right at the storefront. With the current owner retiring, it's an ideal opportunity for a new owner to step in and continue running this profitable business. LOTS of opportunity for growth with over 100 residential units in development and the option to add delivery services. Agent Owner
well stablished restaurant with excellent clientele following and very spacious parking lot for the benefit of clients.
The possibilities are endless with this over 11,000 sqft building, currently being used as an auto part store and a restaurant. This building was build to last with steel beams and brick exterior. The property has 3 garage bays and plenty of potential for retail space. Private Parking right in the center of New Britain. Leased restaurant tenant that was recently built within the last 10 years.
The possibilities are endless! This 11,387 sqft brick building with over 4500 sqft paved parking area is located on busy downtown street in the Central Business District. The property is perfectly situated for redevelopment opportunity. Options include retail, office, residential, warehouse, mixed use etc. The building currently has 3 newer separate 200 amp electric units, gas heat, public water & sewer, an extensive ventilation system, 2 overhead garage doors and full glass front facade. The City of New Britain has committed to using funds from a 3.5 million dollar grant for beautification and street safety improvements on Arch Street. Property sold in as-is condition.
The median home value in New Britain, CT is $228,900. This is lower than the county median home value of $304,000. The national median home value is $338,100. The average price of homes sold in New Britain, CT is $228,900. Approximately 37.04% of New Britain homes are owned, compared to 52.78% rented, while 10.19% are vacant. New Britain real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Britain real estate agent to arrange a tour today!
New Britain, Connecticut 06051 has a population of 74,022. New Britain 06051 is less family-centric than the surrounding county with 19.93% of the households containing married families with children. The county average for households married with children is 29.12%.
The median household income in New Britain, Connecticut 06051 is $50,379. The median household income for the surrounding county is $80,320 compared to the national median of $69,021. The median age of people living in New Britain 06051 is 33.2 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 53.3 inches per year, with 34.9 inches of snow per year.