35 Oakland Street

commercial

35 Oakland Street

Manchester, Connecticut 6042

Price

$1,450,000

Price/SF

$52.64/SF

Building Size

27,548 SF

Lot Size

1.57 acres

Year Built

1888

Units

1

Property Description

Exceptional adaptive reuse opportunity with all major approvals already in place. This property comes fully approved for the conversion into 26 residential units, consisting of 22 - one bedroom apartments and 4 - two bedroom apartments. Architectural, MEP, and all necessary site approvals have been 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, 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.

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Photo Gallery

35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street
35 Oakland Street

Additional Details

Zoning

GB

MLS Number

24188027

Property ID

6b7df0d4-ed4d-45d4-8955-f0cf3fefa345

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MLS Information

MLS#: 24188027

Listed by: Vanguard Private Client Grp

Agent: Natalie Zoef • (860) 882-8784 • n.zoef@vanguardpcg.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.