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Investment Highlights

  • Access & Connectivity
  • Desirable Brick Construction
  • Off-Street Parking & Amenities
  • Area Amenities & Demand Drivers
  • Separetely Metered Utilities
  • Strong Rental Demographics & Demand

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The RAO Building, a mixed-use investment property located at 160 Main Street in New Britain, CT (the “Property”). The five-story building contains one (1) Commercial unit, two (2) 3-Bedroom/1-Bathroom units, seven (7) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit with 16,406 square feet of gross living area in 20,908 square feet of gross area. The Property is situated upon a 0.10-acre parcel and features twelve (12) off-street parking spaces between lots at 132 Main Street & Szczesny Garage. Additional parking is available through city parking passes.
160 Main Street, The RAO Building, is prominently situated in downtown New Britain, offering immediate access to the city’s central business district, surrounding retail corridors, and established residential neighborhoods. The Property benefits from strong connectivity along Main Street (Route 71) and is in close proximity to Route 9 and Interstate 84, providing efficient regional access to Hartford, the broader Capital Region, and key destinations throughout central Connecticut.

Property Facts

Price $4,888,387 CAD
Price Per Unit $325,892 CAD
Sale Type Investment
Cap Rate 7.20%
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.12 AC
Building Size 20,908 SF
Average Occupancy 100%
No. Stories 5
Year Built/Renovated 1900/2008
Parking Ratio 0.57/1,000 SF
Opportunity Zone Yes
Zoning CBD - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Fireplace
  • Microwave
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Stainless Steel Appliances
  • Tub/Shower

Site Amenities

  • Laundry Facilities
  • Elevator
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
NBRI-000008B-000000-C000055
Land Assessment
$101,662 CAD
Improvements Assessment
$1,682,733 CAD
Total Assessment
$1,784,395 CAD
  • Listing ID: 41544042

  • Date on Market: 2026-08-04

  • Last Updated:

  • Address: 160 Main St, New Britain, CT 06051

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