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    235 W Main St New Britain, CT 06052

    For Sale
    $499,000

    Multifamily property zoned for commercial and residential use.

    Lot size:
    0.31 Acres

    Property Features for 235 W Main St

    General Information

    Lot size
    0.31 Acres

    Building Details

    Year built
    1900

    Source: William Raveis Real Estate Agent Margaret Mullaney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Multiuse Property For Sale

    Located at 235 West Main Street, this multifamily property is zoned for both commercial and residential use. The building, which is coming to the market for the first time in almost 40 years, features three floors. The first and second floors are currently used as office space, while the top floor contains a three-bedroom residential apartment. The lower level is a walkout, with a one-bedroom residential apartment in the rear and a commercial space at the front. The structure retains many original architectural features and offers over 5000 square feet of space. Additional features include ample off-street parking, a five-car garage, and a view of Walnut Hill Park. This property is positioned as an investment opportunity in an exceptional location.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ara Insurance & Financial ... Insurance Agency Hypnosis Counseling Center Hypnotherapy Service Ralph F Beveridge ... Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7892122
    Latitude
    41.6663088

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    FAQs

    What type of property is this?
    Mixed-use property - Multifamily property zoned for commercial and residential use.
    Where is this mixed-use property located?
    The property is located at 235 W Main St New Britain, CT.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Multiuse zoning (commercial and residential); - Substantial size: Over 5000 square feet; - Multifamily property with existing rental units
    (860) 202-7697
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    235 W Main St New Britain, CT 06052
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    New Britain, CT 06052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    235 W Main St New Britain, CT 06052
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