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Shovel-Ready Adaptive Reuse Multifamily

35 Oakland Street Manchester, CT 06042

35 Oakland Street, Manchester, CT, 06042
$1,450,000
For Sale
Claim this Listing
$1,450,000

Fully approved conversion plan for 26 apartments, with historic tax credit approvals and interior demolition already completed.

Property Size27,548 SF
Price / SF$52.64
AddedJun 30
Days on Market17
Last RefreshJul 16 at 6:45 am

Property Features for 35 Oakland Street

General Information

Standard status
Active
Size
27,548 SF
Property subtype
Commercial

Building Details

Year Built
1888

Listing office Vanguard Private Client Grp

Listing date Jun 30, 2026

Source Lockandkeyre

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 Vanguard Private Client Grp


Investment Insights

Based on property information with market context.

The property at 35 Oakland Street, Manchester, CT 06042 is positioned for an expedited adaptive reuse project, with major approvals already in place for conversion into 26 residential units. The approved unit mix includes 22 one-bedroom apartments and 4 two-bedroom apartments. Architectural, MEP, and necessary site approvals have been secured, and the project is ready for a developer to begin construction immediately. Interior demolition has already been completed, which can help reduce upfront timeline and costs.

Phase I and Phase II Historic Tax Credit approvals have been obtained, supporting potential historic tax credit incentives for qualified buyers. The site also includes ample on-site parking and is described as providing convenient access to shopping, restaurants, and major transportation routes.

As a result, the asset is set up as a shovel-ready development opportunity combining secured approvals, historic tax credit eligibility, and a defined residential conversion scope.

Key Highlights

  • Year built 1888 building with a fully approved conversion plan for 26 residential units (22 1‑bedroom, 4 2‑bedroom).
  • Architectural, MEP, and necessary site approvals already secured, with approvals in place to begin construction immediately.
  • Phase I and Phase II Historic Tax Credit approvals obtained.

Property Analytics

Location Intelligence

Current Use by Public Records

The Dog Barkery (Bike/Boat/Book/etc) Store MSL Group Inc. ... Solar Energy Company

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Nail Salon Parking Lot & Garage Skin Care Clinic Hair Salon Grocery & Convenience Store Cafe & Coffee Shop

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

FAQs

What type of property is this?
Apartment building - Fully approved conversion plan for 26 apartments, with historic tax credit approvals and interior demolition already completed.
Where is this apartment building located?
The property is located at 35 Oakland Street Manchester, CT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Year built 1888 building with a fully approved conversion plan for 26 residential units (22 1‑bedroom, 4 2‑bedroom).; Architectural, MEP, and necessary site approvals already secured, with approvals in place to begin construction immediately.; Phase I and Phase II Historic Tax Credit approvals obtained.
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