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10 N Main St & 4 Riverside Ave Portfolio 2 biens • À vendre 4 835 684 $ CAD • Bristol, CT
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Faits saillants de l'investissement
- Two-building portfolio positioned near Bristol’s medical and residential corridor.
- Both assets feature life-safety infrastructure, including sprinkler systems, easing redevelopment.
- Located steps from Bristol Hospital and near new mixed-use developments.
- Approved for conversion of each second floor into eight residential apartments.
- Existing cash flow from established tenants provides stability during the conversion phase.
- Ample on-site parking shared between both properties enhances accessibility.
Résumé de l'annonce
This investment opportunity includes two strategically located commercial assets in the heart of downtown Bristol, CT, a city currently undergoing significant medical and residential expansion. Positioned near the recently redeveloped Bristol Hospital, Wheeler Clinic, and several new residential projects, these properties offer a compelling value-add strategy with a clear path to mixed-use redevelopment.
Both properties are in the process of approvals for conversion of their second floors into eight apartment units each, leveraging existing infrastructure such as fire alarm and sprinkler systems for efficient redevelopment. The first floors provide stable cash flow with long-standing commercial tenants, including a well-established school organization and a prominent bank branch. This combination allows investors to capture immediate income while planning for future growth in one of Bristol’s most active corridors.
Both properties are in the process of approvals for conversion of their second floors into eight apartment units each, leveraging existing infrastructure such as fire alarm and sprinkler systems for efficient redevelopment. The first floors provide stable cash flow with long-standing commercial tenants, including a well-established school organization and a prominent bank branch. This combination allows investors to capture immediate income while planning for future growth in one of Bristol’s most active corridors.
Faits sur la propriété
| Prix | 4 835 684 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 229,96 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 21 028 pi² |
| Statut | Actif | Superficie totale du terrain | 2,65 AC |
| Prix | 4 835 684 $ CAD |
| Prix/pi² | 229,96 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 21 028 pi² |
| Superficie totale du terrain | 2,65 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 10 N Main St, Bristol, CT 06010 | Bureau | 10 004 pi² | 1986 | - |
| 4 Riverside Ave, Bristol, CT 06010 | Commerce de détail | 11 024 pi² | 1985 | - |
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10 N Main St & 4 Riverside Ave Portfolio
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