13-Unit Mixed-Use
New
For Sale
$2,100,000
340 Arch Street, New Britain, CT 06051
Two buildings combine apartments with occupied storefronts, including a restaurant.
Property Size9,864 SF
Price / SF$212.90
Days on Market5
Property Features for 340 Arch Street
General Information
Standard status
Active
Size
9,864 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
Premier Re Group LLC
Listed By:
Michelle Lorenzetti · License #LORENZEM
(860) 335-0681
Source:
Foreverhomesrealestate
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 4 at 6:42AM
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 Premier Re Group LLC
Investment Insights
Based on property information with market context.
This mixed-use property at 340 Arch Street comprises two buildings with 13 units: 10 apartments and three commercial storefronts. The residential mix includes six two-bedroom apartments and four three-bedroom apartments. The storefronts are occupied by a mini market, a party store and a restaurant. The property was built in 1900.
Residential tenants pay their own utilities. The two-building configuration includes eight apartments alongside two storefronts in one building, and four apartments with one storefront in the other.
Residential tenants pay their own utilities. The two-building configuration includes eight apartments alongside two storefronts in one building, and four apartments with one storefront in the other.
Key Highlights
- 13 units across two buildings: 10 apartments and 3 commercial storefronts
- Residential mix includes six 2‑bedroom apartments and four 3‑bedroom apartments
- Storefront occupants include a mini market, party store and restaurant
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,023
Businesses Nearby
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Business Placement
Demographics for 06051, CT
31,134
Population
13,798
Households
2.3
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
4.1 sq mi
ZIP Area
7,594
Density / Sq Mi
$48,682
Median Household Income
$32,768
Median Earnings
$1,100
Median Rent
$198,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine apartments with occupied storefronts, including a restaurant.
Where is this mixed-use property located?
The property is located at 340 Arch Street New Britain, CT.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 13 units across two buildings: 10 apartments and 3 commercial storefronts; Residential mix includes six 2‑bedroom apartments and four 3‑bedroom apartments; Storefront occupants include a mini market, party store and restaurant
