Historic Mill Mixed-Use
For Sale
$399,900
501 Middle Tpke East, Manchester, CT 06040
Historic mill building with plans for apartments and storefronts, original brickwork, vaulted ceilings, and extensive windows.
Property Size33,948 SF
Days on Market196
Property Features for 501 Middle Tpke East
General Information
Standard status
Active
Size
33,948 SF
Property subtype
MultiFamily Apartments
Building Details
Building Size
33,948 SF
Year Built
1901
Listing Agency:
Elite Commercial Real Estate Services
(860) 841-3821
Listed By:
Carl Berman · License #REB.0795185
(860) 841-3821
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 5:31PM
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 Elite Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Built in 1901, the Woodbridge Mill is a 33,948-square-foot former factory building on 1.03 acres. The property includes an original brick exterior, vaulted ceilings, and a broad window line. Architectural plans call for 24 apartments and 2 storefronts, with a proposed mix of 15 one-bedroom units and 9 two-bedroom units. A detailed site design approval plan and clean environmental report are also available.
The building is listed on the State Register of Historic Places and is identified as eligible for state and federal tax credits. It occupies the three-way junction of Middle East Tpke, East Center Street, and Woodbridge Street in Manchester, Connecticut. Regional access includes Interstate-84, I-384, and I-291, while area amenities include shopping centers, restaurants, small businesses, and Buckland Hills Mall.
The building is listed on the State Register of Historic Places and is identified as eligible for state and federal tax credits. It occupies the three-way junction of Middle East Tpke, East Center Street, and Woodbridge Street in Manchester, Connecticut. Regional access includes Interstate-84, I-384, and I-291, while area amenities include shopping centers, restaurants, small businesses, and Buckland Hills Mall.
Key Highlights
- 33,948 SF historic mill building on 1.03 acres
- Planned conversion includes 24 apartments and 2 storefronts
- Unit mix includes 15 one‑bedroom and 9 two‑bedroom apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mill building with plans for apartments and storefronts, original brickwork, vaulted ceilings, and extensive windows.
Where is this mixed-use property located?
The property is located at 501 Middle Tpke East Manchester, CT.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 33,948 SF historic mill building on 1.03 acres; Planned conversion includes 24 apartments and 2 storefronts; Unit mix includes 15 one‑bedroom and 9 two‑bedroom apartments
