160 Chapel Rd Manchester, CT 06042
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Prime Manchester location, 21,940 SF, strong income.
Property size:
21,940 SFProperty Features for 160 Chapel Rd
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 21,940 SF
- Class
- B
- Lot Size
- 221,720 SF
Building Details
- Year Built/Renovated
- 1986/2019
- Stories
- 3
Listing Agent: Nicholas Morizio
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional three-story office building, located at 160 Chapel Road in Manchester, Connecticut, presents a rare opportunity to acquire a fully occupied investment property. Boasting 21,940 square feet of space, this Class B building offers a blend of executive and traditional office suites, catering to a diverse tenant base. Constructed in 1986 and extensively renovated in 2019, the property is in excellent condition and benefits from a desirable park-like setting. The building sits on a generous 5.09-acre lot and features a finished basement, adding to its overall functionality. Currently operating under a gross lease structure with multiple tenants, the property enjoys 100% occupancy, providing immediate and substantial cash flow. Its strategic location offers easy access to major transportation arteries, including I-291 and I-84, as well as the convenience of nearby Buckland Mall. The asking price is $2,230,000, translating to a price per square foot of $101.64. This represents a compelling investment opportunity in a thriving Connecticut market. The property's strong occupancy rate, recent renovations, and prime location make it an attractive asset for discerning investors seeking stable income and long-term appreciation potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sheepdog Traffic Management ...
Construction Company
Ion Investments
Corporate Office
MMNT Certified Public ...
Accounting Firm
WSDK
Radio Station
Vertex Analytics
Consultant
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.5745042
- Latitude
- 41.7967284
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FAQs
What type of property is this?
Office Property / Space - Prime Manchester location, 21,940 SF, strong income.
Where is this office property / space located?
The property is located at 160 Chapel Rd Manchester, CT.
What is the asking price?
The asking price for this property is $2,230,000.
What are key features of this property?
This property features: Rarely available, fully occupied office building.; Modern, well-located asset with strong, in-place cash flow from stable tenants.;
