1077 Main Street

Manchester, CT 06040 Directions
$1,450,000
  • 8/1Baths
  • 7,254Sqft
  • 0.07Acres
  • 1900Built
  • $200Price/Sqft

Property Highlights

  • Neighborhood: Central
  • Days on Market: 17
  • MLS: 24134556
  • Listing Pending

Property Highlights

  • Neighborhood: Central
  • Days on Market: 17
  • MLS: 24134556
  • Listing Pending

Major renovations have been done within last 12 years. The roof, all windows, heating system, fire alarm system, 10 of 11 apartment units have been updated, including plumbing, electrical. Downtown Manchester, near by Manchester new library. Most residential tenants are in yearly renewal lease. The commercial tenant lease ends in 2028 (commercial tenant pays own water & sewer), with option to extend. Landlord pays for heat, cold & hot water, sewer, real tax, trash & Insurance. Current rents are below market value. Very stable tenants. Mixed use building consists 11 unit apartments ( 3 studio, 8 one bedroom) and one store front unit.

Property Highlights

  • Neighborhood: Central
  • Days on Market: 17
  • MLS: 24134556
  • Listing Pending

Major renovations have been done within last 12 years. The roof, all windows, heating system, fire alarm system, 10 of 11 apartment units have been updated, including plumbing, electrical. Downtown Manchester, near by Manchester new library. Most residential tenants are in yearly renewal lease. The commercial tenant lease ends in 2028 (commercial tenant pays own water & sewer), with option to extend. Landlord pays for heat, cold & hot water, sewer, real tax, trash & Insurance. Current rents are below market value. Very stable tenants. Mixed use building consists 11 unit apartments ( 3 studio, 8 one bedroom) and one store front unit.

Major renovations have been done within last 12 years. The roof, all windows, heating system, fire alarm system, 10 of 11 apartment units have been updated, including plumbing, electrical. Downtown Manchester, near by Manchester new library. Most residential tenants are in yearly renewal lease. The commercial tenant lease ends in 2028 (commercial tenant pays own water & sewer), with option to extend. Landlord pays for heat, cold & hot water, sewer, real tax, trash & Insurance. Current rents are below market value. Very stable tenants. Mixed use building consists 11 unit apartments ( 3 studio, 8 one bedroom) and one store front unit.

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  • Additional Information
    • Area Type: Downtown
    • Average Days On Market: 17
    • Days On Market: 17
    • Gross Expenses: 48396
    • Gross Income: 149400
    • Is Occupied?: Tenant
    • Living Area SqFt: 7,254
    • Neighborhood: Central
    • Present Use: Mixed use
    • Property Tax: $11,378
    • Road Frontage Description: Municipal Street
    • Sewer: Public Sewer Connected
    • Status: Under Contract
    • Tax Amount: $11,378
    • Tax Year: July 2025-June 2026
    • Type: Commercial For Sale
    • Unit Count: 12
    • Utilities Available: Electric, Gas
    • Year Built: 1900
    • Zoning: CBD
  • Interior/Exterior Features
    • Air Conditioning: Window Unit
    • Cooling: Window Unit
    • Exterior Features: Sidewalk
    • Flooring: Vinyl
    • Full Baths: 8
    • Furnace Type: Natural Gas
    • Half Baths: 1
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Living SqFt Source: Public Records
    • Roof: Flat, Rubber
    • Stories: 3
    • Total Baths: 9
William Pitt / Julia B. Fee Sotheby's International Realty

Glastonbury Brokerage

931 Main Street , Second Floor
South Glastonbury, CT 06073

Listing Courtesy of Lani Liu-Helisch of Sovereign Properties.

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