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186-188 E Center St 2,476 SF 100% Leased Office Building Manchester, CT 06040 $540,056 CAD ($218.12 CAD/SF)



Investment Highlights
- Well located building in a professional area
- Open floor plans with much natural light
- Building upgrades include new windows and interior finishes
Executive Summary
Office and apartment property located in an excellent business area of town. The building has upgrades including replacement windows, laminate flooring throughout, and wall finishes. The office is move-in ready and has large, open areas as well as private offices. There is a large parking lot in the back with 16 parking spaces. There is also spillover parking on East Center St. to accommodate larger meetings. There are front and back entrances. The office space has two half bathrooms. The first floor is cooled by wall units. The 3 bedroom apartment is also refinished, with laminate floors, a partially remodeled full bathroom and repainted walls. There is also attic storage for the apartment. The property is close to Downtown Manchester, with banks, restaurants, Town Hall and shops nearby. It is located minutes from I-384 access. If you have an office and are looking to own your own location to build equity this is an outstanding opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,476 SF
Building Class
C
Year Built
1910
Price
$540,056 CAD
Price Per SF
$218.12 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Slab To Slab
9’
Building FAR
0.15
Lot Size
0.39 AC
Zoning
RC - Zoning allows for Office and Residential Use.
Parking
8 Spaces (3.23 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | MANC-000093-001790-000186 | Improvements Assessment | $132,895 CAD |
| Land Assessment | $100,081 CAD | Total Assessment | $232,976 CAD |
Property Taxes
Parcel Number
MANC-000093-001790-000186
Land Assessment
$100,081 CAD
Improvements Assessment
$132,895 CAD
Total Assessment
$232,976 CAD
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186-188 E Center St
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