For Sale
$349,999

500 Burritt StNew Britain, CT 06053

8,904 SF Flex Space; Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 8,904-square-foot flex space in New Britain, Connecticut, presents a compelling value-add opportunity. Located at 500 Burritt Street, 06053, this two-story building is zoned A1 and offers significant potential. The property features one loading dock and is priced at $39.31 per square foot. The building boasts a prominent storefront and a spacious open floor plan, ideal for a variety of uses. Recent improvements include a new roof and columns, ensuring the structure is well-maintained. All essential utilities are in place. While currently configured as retail/industrial space, the property's zoning allows for potential conversion into multifamily residences, subject to buyer due diligence. Off-street parking is conveniently located at the rear of the building. This property offers a unique blend of versatility and potential, making it an attractive investment in a desirable location. The building's size and layout provide ample space for customization and adaptation to suit a wide range of business needs or residential conversion plans. This is a rare opportunity to acquire a well-located property with significant upside potential.

Highlights

  • $349,999 asking price for this 8,904 SF flex industrial building.
  • Value-add investment opportunity in New Britain, CT.
  • Located at 500 Burritt St, New Britain, CT 06053.
  • Two-story building with one loading dock.
  • $39.31/SF price per square foot.

Property Details for 500 Burritt St

Property type
Industrial properties, Flex space
Square Feet
8,904 SF
Stories
2

Location Insight

City
New Britain
County
Hartford
State
Connecticut
Latitude
41.6782215
Longitude
-72.7939737
500 Burritt St, New Britain, Connecticut

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500 Burritt St
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