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$820,000
Est. payment /mo
30,308 SqFt
UPDATED:
12/11/2024 06:59 AM
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
Interior Features Loading - Grade
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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Listed by Denise Reale • Century 21 AllPoints Realty
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