State Leased Office Building - 699 East Middle Tpke

Manchester, CT 06040

• Investment Property
• Office for Sale
• $3,589,609 CAD
• 25,370 SF

Manchester Office for Sale

State Leased Office building, Manchester, CT. 25,112 square feet. State leases 18,465 (+/- 73.5%) and has occupied this space for over 25 years. New seven (7) year lease with five (5) year renewal option. Same building ownership almost 40 years. Owner has completed tenant and common area capital upgrades in 2025 of +/- $350K. Offering Cap Rate of 7.28 is based on IN-PLACE NOI of $191,000. Property offers substantial upside potential NOI of +/-$291K which would be an +11% Cap Rate with lease-up of "rent ready" vacant space of +/- 6,000 sq. ft. Building presently situated on a 6.5 acre lot zoned Neighborhood Commercial which owner will subdvide prior to sale. Building offered on +/- conforming +/- 3 acre land parcel. Additional land parcel with development opportuinties available separately at $475,000. Potential for single family, MF, duplex housing or senior housing development with zone change. Owner would prefer sale of entire property to a single buyer. Call listing agent for additional information or OM for adjacent property.

Contact:

Chozick Realty Inc.

Property Subtype:

Office/Residential

Date on Market:

2025-07-17

Hide

See More

Potential Development / Training Center - 745 Burnside Ave

East Hartford, CT 06108

• Investment Property
• Specialty for Sale
• $1,709,338 CAD
• 21,736 SF

• Air Conditioning
• Wheelchair Accessible

East Hartford Specialty for Sale

745 Burnside Avenue in East Hartford, CT, presents a rare opportunity to acquire a versatile property in a high-visibility, high-traffic corridor. Situated on 2.53 acres in a prime location, the site includes two buildings totaling over 21,736 gross building area (GBA). Building 1, a character-filled structure dating back to 1909, offers numerous offices, a finished attic, and multiple baths, while Building 2, constructed in 1988 and renovated in 2000, was previously used for educational purposes with classrooms, a lab, and lounge space. Zoned R-4 (residential), the property is ideal for conversion to senior living, multi-family housing, or institutional use (with town approval). With over 20,000 vehicles passing daily and more than 8,000 residents within a half-mile, this site offers immense development potential. 2024 Property Tax under assessment $43000 estimate......

Contact:

Berkshire Hathaway HomeServices New England

Property Subtype:

Schools

Date on Market:

2025-05-15

Hide

See More

501 E Middle Tpke

Manchester, CT 06040

• Investment Property
• Multifamily for Sale
• $546,851 CAD
• 33,948 SF

Manchester Multifamily for Sale

The historic Woodbridge Mill building is a turn-of-the-century factory building totaling 33,948 SF and situated on 1.03 acres. Originally built as an expansion location for the Glastonbury Knitting Company, this storied property is located at the 3-way junction of Middle East Tpke, East Center Street and Woodbridge Street. The property has approvals in place to be converted into 25 senior apartments (age of 55+, owners believe approvals could be had with no age restrictions), allows for historic tax credits (both statewide and federal), and has a projected NOI of $370,000+/- per year. Architectural plans are already in the work and would allow for a great unit mix of 16 one bedroom apartments, and 9 two bedroom apartments.

Contact:

Elite Commercial Real Estate Services

Property Subtype:

Apartment

Date on Market:

2025-01-15

Hide

See More

Development Site - 26 Plaza Dr

Manchester, CT 06042

• Investment Property
• Land for Sale
• $649,548 CAD
• 3.50 AC Lot

Manchester Land for Sale

Cleared Level rectangular lot. No Wetlands or steep frades. +/- 3.5 acres with frontage on two town roads. +/- 450 linear feet on Plaza Drive and +/- 220 linear feet on St. Paul Drive. Public Water, Public Sewer and Natural Gas at the site. Situated just off Middle Turnpike East (aka CT Route 44) on east side of Manchester near Shady Glen. Quick and easy access to major highways, shopping, offices, restaurants, banking and other conveniences. Close to Manchester Hospital, downtown Manchester, Broad Street Manchester Parkade and Buckland Mall. Site is currently zoned Neighborhood Commercial. Would require zone change & zoning approval for residential use including single family homes, duplex homes, apts, condos or elderly housing. Housing needs within the community would be a factor in zone change approval. Owner has completed preliminary engineering for residential subdivision and 35 unit multi-family. Plans available to interested buyers.

Contact:

Chozick Realty Inc.

Property Subtype:

Commercial

Date on Market:

2024-04-25

Hide

See More

130-150 Buckland

South Windsor, CT 06074

• Investment Property
• Land for Sale
• $6,837,350 CAD
• 18.17 AC Lot

South Windsor Land for Sale

Acquisition opportunity of commercially developable land across from Evergreen Walk Lifestyle Center with a new Whole Foods, Club Studio and Costco. Site is adjacent to a Chase Bank/Aldi Grocery development with potential access to full traffic signal. The price is negotiable depending on timing.

Contact:

Cushman & Wakefield

Property Subtype:

Commercial

Date on Market:

2023-05-02

Hide

See More