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    OFF-MARKET
    Residential income homes

    207 Ctr St, Manchester, CT 06040-5092

    4,422 SF 0.17 ac lot Built 1880
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US15-0441788
    Property summary
    AI-generated overview

    This exceptional 0.68-acre commercial land parcel, located at 207 West Center Street in Manchester, Connecticut (zip code 06040), presents a unique investment opportunity. The property is zoned NB and features an existing parking lot, offering immediate utility and development potential. The land is ideally suited for various commercial ventures, aligning seamlessly with the vibrant business environment of Manchester. This property is conveniently situated in Hartford County, Connecticut, offering easy access to major transportation routes and a thriving local economy. The asking price for this strategically located parcel is $140,000. Note that this 0.68-acre site is available for purchase independently or in conjunction with the adjacent property at 202 West Center Street. Detailed zoning information and site plans are available upon request. This is a rare opportunity to acquire a well-positioned commercial lot in a desirable Connecticut location. Don't miss out on this chance to secure a valuable asset with significant growth potential. Serious inquiries only.

    Property profile
    Verified
    Property type Residential income homes
    Use group APARTMENT HOUSE (UNDER 5 UNITS)
    Year built 1880
    Total area 4,422 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code B2
    APN MANC M:78 B:1020 L:207
    UPID US15-0441788
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Legends Real Estate LLC · 3 yrs held
    Legends Real Estate LLC
    since 2023
    Last sale
    $25,000
    5 recorded transactions
    2023
    $25,000
    2005
    1999
    1996
    $105,000
    1989
    $289,000
    Zoning & alternative use
    B2 · Manchester, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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