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Map
$349,999
●
Commercial -
For Sale
500 Burritt Street
New Britain, Connecticut 06053
Studio
0 Bath
9930 Sqft
$2,023
Estimated Monthly
$0
HOA / Fees
5.20%
Cap Rate
About This Property
Don't miss out on this exceptional opportunity to acquire a
versatile Retail/Industrial building boasting an impressive 9,930
square feet of interior space, complete with convenient off-street
parking located at the rear of the premises. With a prominent
storefront and a spacious open floor plan spanning all three
floors, this property offers endless possibilities for adaptation
and transformation. Recent upgrades, including a brand-new roof and
columns, make this building ready to fulfill a variety of purposes.
Essential utilities are in place and functioning, awaiting a new
owner's future build-out. Of particular note is the potential for
conversion into multifamily residences, subject to thorough buyer
due diligence. The property is located within a residential zoning
district, giving it further versatility and value.
Unit Size
9,930Ft²
Days on Market
39 days
Land Size
0.24 acres
Price per sqft
$35
Property Type
Commercial
Property Taxes
$304
HOA Dues
-
Year Built
1907
Listed By
Last updated: 23 days ago (Smart MLS #24007050)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 30, 2024 | Listed by Oxford Realty | $349,999 | |
Listed by Oxford Realty | |||
Aug 18, 2023 | Sold | $180,000 | |
Sold |
Property Highlights
Interior Details
Interior Information
Square Feet Source: Public Records
Exterior Details
Property Information
Road Frontage: Paved Road
Year Built: 1907
Building Information
Roof: Other
Financial Details
Property Tax: $3,650
Tax Year: July 2023-June 2024
Assessed Value: $95,340
Utilities Details
Cooling Type: None
Heating Type: Gas on Gas, Other
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
3
Baths
4,224 ft²
$82/ft²
$345,000
Oct 9, 2023
$345,000
Nov 15, 2023
$658/mo
Sold
Multifamily
6
Beds
3
Baths
3,804 ft²
$101/ft²
$384,000
Feb 1, 2024
$384,000
Mar 19, 2024
$714/mo
Sold
Multifamily
6
Beds
3
Baths
3,378 ft²
$104/ft²
$352,000
Jan 15, 2024
$352,000
Mar 22, 2024
$646/mo
Sold
Multifamily
6
Beds
3
Baths
3,396 ft²
$97/ft²
$329,677
May 11, 2022
$329,677
Aug 15, 2022
$487/mo
Sold
Multifamily
7
Beds
5
Baths
3,336 ft²
$90/ft²
$300,000
Nov 10, 2023
$300,000
Feb 23, 2024
$661/mo
Sold
Multifamily
4
Beds
3
Baths
2,352 ft²
$149/ft²
$350,000
Jul 3, 2023
$350,000
Aug 29, 2023
$586/mo
In Contract
Multifamily
6
Beds
3
Baths
3,714 ft²
$105/ft²
$389,900
Oct 27, 2023
-
$626/mo
In Contract
House
3
Beds
2
Baths
1,992 ft²
$181/ft²
$360,000
Feb 20, 2024
-
$583/mo
In Contract
Multifamily
5
Beds
2
Baths
1,496 ft²
$211/ft²
$315,000
Mar 18, 2024
-
$447/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
500 Burritt Street
500 Burritt Street, New Britain, CT 06053
- 1 Unit for Sale
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