Commercial Mixed Use

Retail-Commercial for Sale
Catylist Listing ID: 30535660
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 5,268 SF
Gross Land Area: 0.49 SF
Sale Price: $275,000
Unit Price: $52.20 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Strip Plaza & Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/12/2020

Overview / Comments

3.096 sq.ft strip plaza with 4 economic units plus 2,172 sq.ft. home converted to 3 one bedroom apartments. Front (7 spaces) and (15 spaces rear) rear parking lots on 0.49 acre lot. Shared driveway. High visibility and traffic. City of Bristol Enterprise Zone Designation.

Additional Details

Nearest MSA: Hartford-East Hartford-Middletown
County: Hartford
Submarket Type: Central Business District
Tax ID/APN: 30-137-1
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Mellen Street
Feet of Frontage: 100
Traffic/Vehicle Count: 8,200
Highway Access: Riverside Avenue is Route 72. Near Route 229
Site Description: Shared Driveway
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Roof Type: Other
Construction/Siding: Block
Total Parking Spaces: 22
Parking Type: Surface
Parking Description: Front and Rear parking lots
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Other
Internet Access: Cable
Zoning Description: BHC Route 72 Corridor City of Bristol Enterprise Zone Designation
Lot Frontage: 100
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Right of way over driveway in favor of adjacent property

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,877 63,115 125,367
Median Age: 35.61 40.61 41.66
Households: 5,883 26,389 51,225


Photograph of Listing Agent

Joel Witkiewicz, CCIM

Advance Realty CT, LLC CTCList Member
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