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Duplex with Office Conversion
For Sale
$374,900

342-344 Center Street, Manchester, CT 06040

Two-unit layout currently configured with office rooms, meeting areas, and shared spaces, with residential restoration requiring new kitchens.

Property Size2,504 SF
Price / SF$149.72
Days on Market219

Property Features for 342-344 Center Street

General Information

Standard status Active
Size 2,504 SF
Property subtype Multi-Family / 2 Family
Zoning RC

Taxes and HOA fees

Annual Taxes $6,885

Amenities

Yes
Hot Air
12
Central Air
Walk-up
Not Applicable

Building Details

Year Built 1930
Listing Agency: William Raveis Real Estate
Listed By: Vincent L Diana · License #REB.0181183
Source: Compass
Added: Jan 25 Changed: Aug 31 Last Checked: Aug 30 at 11:30PM

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 William Raveis Real Estate

Investment Insights

Based on property information with market context.

Built in 1930, this 2,504-square-foot duplex retains a two-unit configuration while currently functioning as commercial office space. The interior includes multiple office rooms, meeting areas, and common spaces arranged within the existing structure. Each unit will require a kitchen to restore full residential functionality, allowing the next owner to address the layout according to the intended use.

The property is located at 342-344 Center Street in Manchester, Connecticut, and carries RC zoning. Building features include hot-air heat, central air, and walk-up access. The property does not qualify for conventional financing and requires cash or investor financing. A tree is to be removed before closing, and closing must occur after 6/15.

Key Highlights

  • 2,504‑square‑foot duplex built in 1930
  • Original two‑family layout remains in place
  • Currently configured with office rooms, meeting areas, and common spaces

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods Kitchen & Bath Showroom Acupuncture Storage Facility 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

513
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit layout currently configured with office rooms, meeting areas, and shared spaces, with residential restoration requiring new kitchens.
Where is this duplex located?
The property is located at 342-344 Center Street Manchester, CT.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 2,504‑square‑foot duplex built in 1930; Original two‑family layout remains in place; Currently configured with office rooms, meeting areas, and common spaces
More about this property
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