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Informations principales sur l'investissement
- 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.
Résumé analytique
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.
Informations sur l’immeuble
| Prix | 2 979 148 € | Nb de biens | 2 |
| Prix/m² | 1 525 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement | Surface totale de l’immeuble | 1 954 m² |
| Statut | Actif | Surface totale du terrain | 1,07 ha |
| Prix | 2 979 148 € |
| Prix/m² | 1 525 € / m² |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 954 m² |
| Surface totale du terrain | 1,07 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 10 N Main St, Bristol, CT 06010 | Bureau | 929 m² | 1986 | - |
| 4 Riverside Ave, Bristol, CT 06010 | Local commercial | 1 024 m² | 1985 | - |
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10 N Main St & 4 Riverside Ave Portfolio
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