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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

654 Center St Manchester, CT 06040

14,400 SF 3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3,000-square-foot medical office space is situated in a vibrant Manchester, CT neighborhood, offering a single-tenant occupancy within a larger 14,400-square-foot building. The property boasts a highly desirable location, conveniently situated near the bustling Buckland Hills Retail Corridor, approximately two miles from both Buckland Hills and I-84 exit 60 (via Route 44), providing excellent access and visibility. This newly constructed physician's office benefits from a below-market rental rate, further enhanced by a tenant improvement allowance and rent abatement. The building sits on a three-acre lot and is zoned for neighborhood commercial use, ensuring a stable and supportive business environment. Its proximity to Buckland Hills, one of Connecticut's largest retail hubs, guarantees high traffic and strong potential for growth. The address is 654 Center St, Manchester, CT 06040, with convenient access to Adams Street. This is a fantastic opportunity for medical professionals seeking a modern, well-located, and cost-effective space to establish or expand their practice. The property offers great visibility in a busy neighborhood retail area. A twelve-month rent concession is available.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,400 SF
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Olcott Package Store (Bike/Boat/Book/etc) Store Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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