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160 Wolcott St
Bristol, CT 06010
Office Property For Sale


EXECUTIVE SUMMARY
Exceptional Investment Opportunity for investors seeking strong cash flow and future upside - Mixed-Use Property with Two income-producing Residential Units and an Office Building with Redevelopment Potential This property features two residential units providing immediate rental income and a 5,260 sq. ft. commercial building offering significant long-term potential. 184 Wolcott St - A 3-bedroom, 1-bath single-family home (1,021 sq. ft.) with central air, a detached garage, and a .36-acre lot. Currently occupied by long-term tenants paying below-market rent, with a rent increase scheduled for January, ensuring near-term revenue growth. 160 Wolcott St, Suite 2 - A renovated 4-bedroom, 2.5-bath Cape with washer/dryer hookups, central air, and ample parking. Features include two first-floor bedrooms, a finished basement, and a private entrance, making it ideal for stable, long-term tenancy. 160 Wolcott St, Suite 1 - A 5,260 sq. ft. office building with 40 car parking, previously leased to ProHealth for $7,500/month through September 2025. With high visibility (10,900+ daily traffic), front lobby, multiple access points, elevators, conference rooms and a full basement, this property is perfectly suited for medical, professional, or mixed-use tenants. Zoned for multipurpose use, it also offers redevelopment potential-including conversion to multifamily residential. This is a turnkey investment with established income, growth potential, and multiple exit strategies-a rare opportunity in a highly visible location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,540 SF
Building Class
C
Year Built
1950
Price
$790,000
Price Per SF
$104.77
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,770 SF
Building FAR
0.24
Lot Size
0.73 AC
Zoning
RM15 - R-15/RM Residential/Residential Multifamily
Parking
40 Spaces (5.31 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | BRIS-000016-000000-000259 | Improvements Assessment | $376,390 |
| Land Assessment | $91,560 | Total Assessment | $467,950 |
PROPERTY TAXES
Parcel Number
BRIS-000016-000000-000259
Land Assessment
$91,560
Improvements Assessment
$376,390
Total Assessment
$467,950
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