388 Broad StBristol, CT 06010

Property Details for 388 Broad St

Year built

1886

Construction

FRAME

Lot size

0.25 AC

Property size (Sq ft)

4,674 SF

Zone code

BG

Property type

Retail properties

Property subtype

Turn key restaurants

APN

BRIS M:39 L:108

APU

BRISM39L108

Description

This exceptional 4,674 square foot commercial property at 388 Broad Street, Bristol, CT, presents a unique investment opportunity. Situated on a 0.85-acre lot, this versatile building boasts easy highway access and ample off-street parking for 52 vehicles. Previously a thriving restaurant, bar, and banquet facility, the property offers a comfortable and established layout, ideal for a variety of commercial uses. Recent renovations by the current owner include significant structural engineering upgrades to both the first and second floors, a new roof, updated windows, and completely overhauled plumbing, heating, and electrical systems. The second floor, currently used for storage, has the potential for conversion into a 2- or 3-bedroom apartment, adding significant rental income potential. The building's history as a successful hospitality venue speaks to its inherent appeal and established customer base. This turnkey property is ready for immediate occupancy and offers significant upside potential for a savvy investor. An adjacent single-family rental property at 374 Broad Street, located in a commercial zone, is also available for purchase, presenting an opportunity to expand your investment portfolio. A comprehensive list of improvements and features is available upon request. Owner financing is available, making this an even more attractive proposition. Don't miss this chance to acquire a prime commercial property in a desirable location.

Location Insight

City

Bristol

County

Hartford

State

Connecticut

Latitude

41.6723

Longitude

-72.9117

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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