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Property profile

283-307 Center St Manchester, CT 06040

OFF-MARKET
Retail properties & Spaces
36,104 SF Built 1955
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 283-307 E Center St in Manchester, Connecticut, offers 36,104 square feet of versatile space. The building, constructed in 1955 and boasting a B-class rating, features a two-story design with a 9-foot ceiling height. Currently, 1,500 square feet is vacant, presenting a unique opportunity for a new tenant. The property sits on a substantial 4.54-acre lot with 335 feet of frontage, providing excellent visibility and accessibility. The building is zoned B3 and includes 130 parking spaces for ample tenant and customer convenience. The property's diverse tenant mix includes retail, office, and flex spaces, creating a vibrant and thriving environment. Its strategic location at a signalized intersection ensures high traffic volume and visibility, complemented by the presence of established businesses such as Dollar Tree and Key Bank. The 100-amp power supply caters to a range of business needs. This property is ideal for businesses seeking a high-traffic location with excellent visibility and ample parking in a well-established commercial area of Manchester, Hartford County, CT (zip code 06040). The available space totals 1,500 square feet, but additional space may be available upon request. This is a rare opportunity to secure a prominent location in a thriving commercial district.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1955
Total area 36,104 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

283-307 Center St Manchester, CT 06040
Manchester metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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