Home Sweet Home Realty, LLC
Elaine Pavasaris, Home Sweet Home Realty, LLC
Email: [email protected]
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listing
1 of 28
CommercialFor Sale
$999,999
70 West Main Street
New Britain, CT 06051
Courtesy of Coldwell Banker Realty
MLS: SmartMLS
Est. Mortgage
$5,262/mo

commercial building in downtown New Britain. This 17 unit (per town records) building has some tenants enjoying more than one unit for their business. There are 9 unique tenant spaces, of which, 7 are fully leased out. The 2 vacant units are actually considered 4 offices each. This building was once a department store in years past. Today it has large open landings and stone details. This elevator building. offers both retail store front tenants and professional offices on 3 levels. There is also a lower level that can be finished to lease out as other buildings are doing on the street currently. Some lower levels are used for restaurants or exercise/dance studio's, etc. Lower level units can bring in as $6.00+ PSF. Lower level is approximately 4,000 sf currently not being utilized. The location of this building is in the ENTERPRISE ZONE. This will allow for certain tax advantages through the City of New Britain if doing renovations or positive changes to the building. Local buildings are converting these amazing buildings to residential housing or making them mixed-use. There is a private parking lot with private driveway on the side of the building with 20 parking spots. Rents are not at premium and a saavy investor/developer can consider many options including leasing out smaller units instead of the larger ones or converting the building to mixed-use, etc. Close to train, shopping, highway and more! Don't miss this unique opportunity!

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed. Listing Data Last Updated 01/22/2022 09:33 PM
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