1. Connecticut
  2. Manchester
  3. 172 Middle Turnpike West
$569,900

172 Middle Turnpike West, Manchester, CT 06040

  • 5 baths |
  • 1,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $356/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment opportunity ! We are pleased to present two buildings located in a high traffic area with great convenient access. Both buildings have been renovated and are currently leased, providing a reliable return on investment of 10% or more. The properties consist of retail, commercial, and residential spaces, catering to a diverse range of tenants and ensuring a steady income stream. Additionally, the corner lot location offers excellent visibility and accessibility, further enhancing the appeal of this investment. One of the key advantages of these buildings is the presence of a bus stop on the corner, making it a highly desirable location for both tenants and customers. This strategic advantage contributes to the high level of foot traffic and adds to the overall appeal of the investment. With leases already in place, investors can benefit from immediate cash flow and the security of long-term tenancy agreements. This stability, combined with the potential for future rental growth, makes these buildings an attractive proposition for those seeking a reliable and lucrative investment opportunity. We invite you to explore this opportunity further and discover the potential for substantial returns in a prime location.

Listing Status:
Active
Date Added:
May 4, 2025 at 02:52PM
Listing Office:
William Raveis Real Estate : (860) 633-0111
Listing Agent:
Harry Finer : (860) 882-4911
MLS ID:
24093185
  • General: Window Display
  • A/C: Window Unit
  • Heating: BaseboardRadiatorOtherElectricNatural Gas

This listing courtesy of Harry Finer, William Raveis Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waddell Elementary School

163 Broad St, Manchester, CT, 06042

Grades KG-5

0.20 miles away

I

Illing Middle School

227 Middle Tpke E, Manchester, CT, 06040

Grades 6-8

1.00 miles away

M

Manchester High School

134 Middle Tpke E, Manchester, CT, 06040

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.