Technical
Financial
Distress signals
Property profile

185 Spencer St Manchester, CT 06040

OFF-MARKET
Showrooms
Property ID
US15-0594353
1,622 SF 0.4 ac lot Built 1984
Entity Owned Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,622 SF
Lot 0.4 ac (17,424 SF)
Zoning code B3
APN MANC M:19 B:5190 L:185
UPID US15-0594353

Cap rate & NOI

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

Location

185 Spencer St Manchester, CT 06040-4617
Manchester metro Census 515102 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
6 recorded transactions
2026
Price N/A
2024
Price N/A
2013
$1.4M
2008
$649,000
2003
Price N/A
2003
$400,000

Zoning & alternative use

B3 · Manchester, CT
Zoning description

• Merge the B2 and B3 zones into a new AB (Arterial Business) zone. Include 307 Highland Street into AB zone. • Merge the B5 zone into the GB zone. 6/29/26 7/20/26 Zone Change Map (PDF, 18MB) Town Clerk Exhibit (PDF, 19M…

General category COMMERCIAL

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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