Description

Building is FULLY GUTTED AND READY TO BE REHABBED! According to the owner, this rehab project had a roof installed in 2003 and has 3-phase - 400 amp service on site. The property plans consist of 4 retail units, 3-4 br, 9-3 br & 3-1 br units. However, the new owner may decide to convert the project to One and Two bed units. this may create the opportunity to make 20+ units in the building. The city and state have made dramatic improvements to the street and immediate area recently that include lights, brick sidewalks as well as a repaved road in the front of the property. There is a mall across the street. Downtown and city hall are a short walk down the block. The property abuts Broad Street with its many restaurants and retail shops. Parking is available for the development to be purchased from the city.

At the geographic center of Connecticut, New Britain is just a two hour drive from either New York or Boston. This mid-sized Connecticut city has a diverse population of approximately 70,000 people. Routes 9 and 72 intersect in the center of the city giving it direct access to both Interstate I-84 and I-91. There is a 1200 acre park system within in the city as well as many cultural attractions. The city is also home to Central Connecticut State University and the Minnesota Twins, Double A Baseball Team, New Britain Rock Cats.