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New Britain 06053
500 Burritt Street
$349,999
Commercial - For Sale

500 Burritt Street

New Britain, Connecticut 06053
bedrooms
Studio
bathrooms
0 Bath
square feet
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

Thuyan Tran
Vanguard Private Client Grp
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
3 Baths
4,224 ft²
$82/ft²
$345,000 Oct 9, 2023
$345,000 Nov 15, 2023
$658/mo
Multifamily
6 Beds
3 Baths
3,804 ft²
$101/ft²
$384,000 Feb 1, 2024
$384,000 Mar 19, 2024
$714/mo
Multifamily
6 Beds
3 Baths
3,378 ft²
$104/ft²
$352,000 Jan 15, 2024
$352,000 Mar 22, 2024
$646/mo
Multifamily
6 Beds
3 Baths
3,396 ft²
$97/ft²
$329,677 May 11, 2022
$329,677 Aug 15, 2022
$487/mo
Multifamily
7 Beds
5 Baths
3,336 ft²
$90/ft²
$300,000 Nov 10, 2023
$300,000 Feb 23, 2024
$661/mo
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
House
3 Beds
2 Baths
1,992 ft²
$181/ft²
$360,000 Feb 20, 2024
-
$583/mo
House
3 Beds
1 Bath
1,876 ft²
$176/ft²
$329,900 Mar 9, 2024
-
$639/mo
In Contract
Multifamily
5 Beds
2 Baths
1,496 ft²
$211/ft²
$315,000 Mar 18, 2024
-
$447/mo
House
3 Beds
1 Bath
1,383 ft²
$220/ft²
$304,900 Mar 27, 2024
-
$353/mo
In Contract
House
4 Beds
2 Baths
1,852 ft²
$159/ft²
$294,900 Feb 7, 2024
-
$470/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
More about this Building
500 Burritt Street
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About New Britain


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