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Property profile & analytics

153 Main St Unit Manchester, CT 06042

  • Commercial real estate
  • 1,509 SF
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Jain Hira C MD / Psychiatrist
  • ECCA Sleep Specialists / Sleep Clinic
  • Venkateswara Narla, MD / Cardiologist
  • Dr. Ivelisse Viruet / Internist
  • Parveen Khanna, MD, FACC, FASNC / Cardiologist

Property Details for 153 Main St Unit

Year built
1957
Property size
1,509 SF
Property type
Commercial real estate

Description

This exceptional 1,509 square foot office condo, situated at 153 Main Street, Unit STE 15, Manchester, CT, presents a remarkable investment opportunity. Located on the bustling Route 83/Main Street, this property boasts high visibility and accessibility, ensuring significant foot traffic and client convenience. The first-floor unit features a welcoming central reception area, five versatile rooms ideal for offices or therapy spaces (three equipped with sinks), a restroom, and a practical kitchenette/storage area with a sink. The building's solid cinderblock construction provides superior insulation, contributing to energy efficiency. Ample on-site parking caters to both staff and clients, and the property is fully accessible, including an elevator and a handicap-accessible restroom. A private rear exit adds to the convenience. The property benefits from city water and sewer services and gas heat. Previously utilized as a sleep lab, this adaptable space is perfect for a variety of professional uses, including medical, dental, therapy, legal, or accounting practices. Its proximity to Manchester Memorial Hospital, just a quarter-mile away, further enhances its appeal. The property offers the potential for both full utilization or the generation of additional income through the rental of individual offices. This meticulously maintained space represents an excellent chance to build equity while avoiding the long-term commitments associated with leasing.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Manchester
County
Hartford
State
Connecticut
Longitude
-72.5239
Latitude
41.7884
More about this property
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