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Property profile & analytics
OFF-MARKET
Commercial real estate

138 Center St Manchester, CT 06040

2,846 SF 0.15 ac lot Built 1916
Property ID
US15-0002781
Property summary
AI-generated overview

This exceptional Class A, 12,100 square foot, two-story office building, completely renovated in 2024, offers multiple suites for lease in the heart of downtown Redding. Located at the prime corner of East and Shasta Streets, this building boasts a stunning new façade and upgraded interior finishes throughout. Suites range from 275 to 2,260 contiguous square feet, with a total of 7 suites and 7,945 square feet currently vacant. Amenities include ample parking, a shared first-floor conference room for second-floor tenants, 24/7 secure access, and modern common areas featuring new restrooms, a chic kitchenette, and updated lighting and flooring. The building's flexible floor plans cater to a variety of business needs, making it an ideal location for businesses seeking a prestigious address in a thriving downtown environment. Built in 1958, this property benefits from a recent, high-quality renovation, offering a blend of historic charm and modern functionality. The zoning is DCD-SP-BH - Downtown Core District - Specific Plan - Building Height Overlay, and the APN is 101-040-009. This is a unique opportunity to secure office space in a revitalized downtown location with superior amenities and a prime address.

Property profile
Verified
Property type Commercial real estate
Year built 1916
Total area 2,846 SF
Lot 0.15 ac (6,534 SF)
UPID US15-0002781
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
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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