Search
Two-Story Mixed-Use Property
New
For Sale
$269,900

183 Spruce Street, Manchester, CT 06040

Commercial zoning supports a first-floor business with a month-to-month residential component above.

Property SizeContact for details
Days on Market4

Property Features for 183 Spruce Street

General Information

Standard status Active
Property subtype Multi Family
Zoning Commercial

Property Condition

Severity Repairs Needed
Evidence would benefit from some updating, maintenance, and general cleanup

Additional Details

Floor 1

Building Details

Year Built 1912
Stories 2
Listing Agency: Eagle Eye Realty PLLC
Listed By: Monayem Qureshi
Source: Capmarkrealty
Added: Sep 11 Last Checked: Sep 13 at 4:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eagle Eye Realty PLLC

Investment Insights

Based on property information with market context.

Located at 183 Spruce Street in Manchester, Connecticut, this mixed-use property was built in 1912 and combines commercial and residential space within a two-story structure. The ground level contains a commercial unit formerly used as a restaurant, while the second floor provides a 4-bedroom apartment that is currently occupied on a month-to-month basis.

The restaurant is closed, and the property is being sold as-is. The improvements require updating, maintenance, and general cleanup. Commercial zoning is in place, with Charter Oak Park, shopping, restaurants, public transportation, and major roadways identified in the surrounding area.

Key Highlights

  • First‑floor commercial unit with second‑floor residential apartment
  • 4‑bedroom apartment currently rented month‑to‑month
  • Former restaurant space is currently closed

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Sorrento's Pizza Restaurant

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Acupuncture Cafe & Coffee Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,155
Businesses Nearby

Demographics for 06040, CT

35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning supports a first-floor business with a month-to-month residential component above.
Where is this mixed-use property located?
The property is located at 183 Spruce Street Manchester, CT.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: First‑floor commercial unit with second‑floor residential apartment; 4‑bedroom apartment currently rented month‑to‑month; Former restaurant space is currently closed
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message