35 Oakland Street Active

Manchester,CT 06042

$ 820000

- Bed

- Bath

30308 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 30,308 sqft

Price per Sqft $27

MLS Listing ID 24063076

Year Built 1888

Annual Tax Amount $11,283

Lot Size 1.570 Acres

Property Description

Rare opportunity for many uses including multiple residential units. This unique historic mill offers 5 stories and approx. 30,800 sq. feet suited for conversion into residential apartments. Over the last 136 years this building has witnessed a history of war and prosperity and has been a service point for many endeavors including The Central Connecticut Co-op Farmers Association, The Apel Opera House, and a manufacturing site for wood stoves and furniture. Exposed wood beams, lots of windows and brick accents create an inviting, warm and attractive feel. Best suited for the seasoned investor with renovation experience willing to invest in a conversion into several 1 and 2 bedroom apartments, though other uses such as retail, manufacturing or restaurants are possible. Architectural plans and final approval are needed from the town but initial research and discussions confirm this project meets the initial requirements to be converted. Additional parking area is available to meet parking requirements. This is your opportunity to complete your investment portfolio by purchasing one property with all your income producing units in one building. Please feel free to inquire about other uses. A recent appraisal in 2021 puts the value of this property at $1,240,000.

Location

State CT

County Hartford

Zoning B2

Interior

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature Loading Dock/Grade

Utilities Available Electric,Gas,Cable Available,Fire Suppression System

Roof Type Asphalt Shingle,Other

Building

Lot Description Additional Land Avail.,Sloping Lot

Story 5

Foundation Brick,Concrete

Sewer Public Sewer Connected

Water Public Water Connected

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