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10 N Main St & 4 Riverside Ave Portfolio 2 Properties Offered at $3,400,000 in Bristol, CT
Investment Highlights
- Two-building portfolio positioned near Bristol’s medical and residential corridor.
- Both assets feature life-safety infrastructure, including sprinkler systems, easing redevelopment.
- Located steps from Bristol Hospital and near new mixed-use developments.
- Approved for conversion of each second floor into eight residential apartments.
- Existing cash flow from established tenants provides stability during the conversion phase.
- Ample on-site parking shared between both properties enhances accessibility.
Executive Summary
This investment opportunity includes two strategically located commercial assets in the heart of downtown Bristol, CT, a city currently undergoing significant medical and residential expansion. Positioned near the recently redeveloped Bristol Hospital, Wheeler Clinic, and several new residential projects, these properties offer a compelling value-add strategy with a clear path to mixed-use redevelopment.
Both properties are in the process of approvals for conversion of their second floors into eight apartment units each, leveraging existing infrastructure such as fire alarm and sprinkler systems for efficient redevelopment. The first floors provide stable cash flow with long-standing commercial tenants, including a well-established school organization and a prominent bank branch. This combination allows investors to capture immediate income while planning for future growth in one of Bristol’s most active corridors.
Both properties are in the process of approvals for conversion of their second floors into eight apartment units each, leveraging existing infrastructure such as fire alarm and sprinkler systems for efficient redevelopment. The first floors provide stable cash flow with long-standing commercial tenants, including a well-established school organization and a prominent bank branch. This combination allows investors to capture immediate income while planning for future growth in one of Bristol’s most active corridors.
Property Facts
| Price | $3,400,000 | Number of Properties | 2 |
| Price / SF | $161.69 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 21,028 SF |
| Status | Active | Total Land Area | 2.65 AC |
| Price | $3,400,000 |
| Price / SF | $161.69 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,028 SF |
| Total Land Area | 2.65 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 10 N Main St, Bristol, CT 06010 | Office | 10,004 SF | 1986 | - |
| 4 Riverside Ave, Bristol, CT 06010 | Retail | 11,024 SF | 1985 | - |
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