35 Oakland StManchester, CT 06042

This exceptional 30,308-square-foot property at 35 Oakland Street in Manchester, Connecticut, presents a rare redevelopment opportunity. This five-story historic mill building, boasting exposed wood beams, abundant windows, and attractive brick accents, offers significant potential for conversion into multiple residential units (1 and 2 bedroom apartments). Its rich history, spanning over 136 years, includes uses as diverse as a farmers' association, opera house, and manufacturing facility. While architectural plans and final town approvals are required, initial research indicates the property meets the necessary criteria for residential conversion. The building's character creates an inviting atmosphere, ideal for a renovation project. Additional parking is available to satisfy potential parking requirements. This property is well-suited for a seasoned investor with renovation experience seeking a multi-unit income-generating asset. Alternative uses, such as retail, manufacturing, or restaurant spaces, are also possible. A 2021 appraisal valued the property at $1,240,000. Located in Capitol County, CT, zip code 06042, this unique property offers a chance to acquire a substantial income-producing asset in a single building. Inquiries about alternative uses are welcome.