Log In/Sign Up
Your email has been sent.
35 Oakland St 27,548 SF 100% Leased Industrial Building Manchester, CT 06042 $1,450,000 ($52.64/SF)
Executive Summary
If the description would say Exceptional adaptive reuse opportunity with all major approvals already in place. This property is fully approved for the conversion into 26 residential units: 22 one-bedroom apartments and 4 two-bedroom apartments. Architectural, MEP, and all necessary site approvals are secured, allowing a developer to begin construction immediately. The building has already undergone interior demolition, significantly reducing upfront time and costs.
Adding to the value, Phase I and Phase II Historic Tax Credit approvals have been obtained, creating the potential for substantial financial incentives for qualified buyers.
The property is ideally situated with ample on-site parking and convenient access to shopping, restaurants, and major transportation routes. This is a rare, shovel ready development opportunity with approvals in place, valuable historic tax credit eligibility, and tremendous upside in a growing market.
Adding to the value, Phase I and Phase II Historic Tax Credit approvals have been obtained, creating the potential for substantial financial incentives for qualified buyers.
The property is ideally situated with ample on-site parking and convenient access to shopping, restaurants, and major transportation routes. This is a rare, shovel ready development opportunity with approvals in place, valuable historic tax credit eligibility, and tremendous upside in a growing market.
Property Facts
| Price | $1,450,000 | Rentable Building Area | 27,548 SF |
| Price Per SF | $52.64 | No. Stories | 4 |
| Sale Type | Investment | Year Built | 1888 |
| Sale Condition | Redevelopment Project | Parking Ratio | 0.51/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 10’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.57 AC | ||
| Zoning | GB - General Business | ||
| Price | $1,450,000 |
| Price Per SF | $52.64 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.57 AC |
| Rentable Building Area | 27,548 SF |
| No. Stories | 4 |
| Year Built | 1888 |
| Parking Ratio | 0.51/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | GB - General Business |
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | MANC-000074-004260-000035 | Improvements Assessment | $183,700 |
| Land Assessment | $108,000 | Total Assessment | $291,700 |
Property Taxes
Parcel Number
MANC-000074-004260-000035
Land Assessment
$108,000
Improvements Assessment
$183,700
Total Assessment
$291,700
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
35 Oakland St