For Sale
$595,000

150 Central StBristol, CT 06010

High-Visibility Retail Center, Value-Add Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This mixed-use property, located at 150 Central St, Bristol, CT 06010, presents a compelling value-add investment opportunity. The 6,425 square foot strip plaza sits on a 0.99-acre lot zoned BG Business General and features six units, currently with one occupied restaurant tenant (3,577 sq ft) and the remaining space vacant. Built in 1950, this single-story building offers significant potential for redevelopment or lease-up. The property boasts high visibility and traffic, enhanced by its proximity to a traffic control light. The vacant units require build-to-suit, allowing for customization to attract a variety of tenants. The existing restaurant tenant occupies a substantial portion of the space, providing immediate income. The property's location offers excellent highway access. Seller financing may be available. This is an exceptional opportunity to acquire a well-located retail center with significant upside potential. The property's size and zoning allow for expansion or combination of units to accommodate larger tenants. The vacant space presents a chance to increase rental income and enhance the overall value of the property. This is an ideal opportunity for an owner/user or investor seeking a value-add project in a prime Bristol location.

Highlights

  • 6,425 SF mixed-use strip plaza on 0.99-acre lot in Bristol, CT.
  • Six units, one occupied (3,577 SF restaurant), others vacant, offering lease-up or redevelopment potential.
  • High visibility location with traffic light and highway access.
  • Seller financing may be considered.

Property Details for 150 Central St

Property type
Mixed-use properties
Square Feet
6,425 SF
Year Built
1950
Buildings
1
Stories
1
Lot Size (sq. ft)
43,124 SF
Units
6

Location Insight

City
Bristol
County
Hartford
State
Connecticut
Latitude
41.673119382184
Longitude
-72.898044092049
150 Central St, Bristol, Connecticut

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150 Central St
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