Main Street Mixed-Use

  • Title

    Retail Property

  • City

    Bristol, CT

  • Price

    $1,640,000

  • Cap Rate

    8.94%

  • Gross Leasable Area

    23,650 SF

  • Occupancy

    95%

  • Price/SF

    $69.34

  • Property Type

    Retail

  • Tenancy

    Multiple

  • Property Sub-Type

    Strip Center

  • Year Built

    1923

  • Property Use Type

    Net Lease Investment with 1 year left on lease

  • Lot Size

    0.50 AC

Not found amenities.

Northeast Private Client Group is pleased to present +/- 29,900 SF commercial/mixed-use buildings with 12 apartments located on Main Street in Bristol, Connecticut.

The commercial spaces are occupied by 7 different tenants. The landlord is responsible for heat, hot water and electric in 3 of the commercial spaces with the other 4 tenants paying their own heat, hot water, and electric. The 12 apartments consist of 7-one bedroom, and 5-two bedroom units. Heat and hot water is provided by a central, natural gas fired system, and is included in the majority of the rents. The property features off-street parking and an on-site laundry facility.

The buildings have been fully renovated over the past 4 years with repairs including, but not limited to: new roofs, windows, carpeting, back porches, sprinkler system, alarm & camera system and new gas burners. All of the common areas and many of the apartment units have been fully renovated.

Bristol, Hartford County, CT

Download the offering memorandum