For Sale
$499,000

202 Center St Manchester, CT 06040

Prime Manchester Office, 5,512 SF, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A office building, located at 202 West Center Street in Manchester, Connecticut, presents a compelling investment opportunity. The 5,512 square foot, two-story building, constructed in 1992, boasts a desirable multi-tenant occupancy of 50%. Situated on a 0.36-acre lot in a park-like setting, the property benefits from excellent curb appeal and a convenient location between I-384 and Route 44, ensuring high visibility and accessibility. The building features an ADA-compliant second floor, adding to its functionality and appeal. Further enhancing its potential, an additional lot is available for purchase across the street, offering expansion possibilities. The property is zoned NB and currently priced at $499,000, with a price per square foot of $90.53. The seller is open to considering a sale-leaseback arrangement, providing flexibility for potential buyers. This presents a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Connecticut market. The property's strong features, combined with the seller's willingness to explore financing options, make this an attractive investment for both seasoned and emerging investors.

Highlights

  • $499,000 asking price for a Class A, multi-tenant office building.
  • 5,512 square feet with a price per square foot of $90.53.
  • 50% occupancy rate in a building constructed in 1992.
  • Located at 202 W Center St, Manchester, CT 06040, on a 0.36-acre lot, zoned NB.

Property Details for 202 Center St

Property type
Office properties
Square Feet
5,512 SF
Class
A
Year Built
1992
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Manchester
County
Hartford
State
Connecticut
Latitude
41.7705556
Longitude
-72.5445604

FAQs

What type of property is this?
Office property - Prime Manchester Office, 5,512 SF, Multi-Tenant
Where is the office property located?
The property is located at 202 Center St Manchester, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: $499,000 asking price for a Class A, multi-tenant office building.; 5,512 square feet with a price per square foot of $90.53.; 50% occupancy rate in a building constructed in 1992.
How can I contact the broker?
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202 Center St
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