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$ 2,800,000
Est. payment | /mo
3 Baths
26,270 SqFt
$ 2,800,000
Est. payment | /mo
3 Baths
26,270 SqFt
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 26,270 sqft
Price per Sqft $106
MLS Listing ID 24208156
Full Baths 3
Year Built 1924
Annual Tax Amount $34,472
Lot Size 0.320 Acres
Property Description
Baldwin Pearson & Co., Inc. is pleased to present 57 Whiting Street, New Britain, Connecticut, a rare opportunity to acquire a well-maintained mixed-use investment property featuring 15 apartments and 6 street-level retail spaces. This impressive brick corner asset offers a stable and diversified income stream supported by a desirable mix of residential and commercial tenants. The property is in excellent condition with no anticipated major capital expenditures. Ownership has invested significantly in the asset through extensive apartment renovations, new heating systems, and substantial roofing improvements. The residential component consists of spacious two-, three-, and four-bedroom apartments that continue to experience strong demand from families and working professionals. Ideally located near major economic and employment drivers including The Hospital of Central Connecticut, Downtown New Britain, Central Connecticut State University, and the CTfastrak transit hub, 57 Whiting Street benefits from strong tenant demand and long-term market fundamentals. The property represents a rare combination of strong in-place cash flow, minimal deferred maintenance, and excellent overall condition.
Location
State CT
County Hartford
Zoning B3
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Lighting
Utilities Available Electric, Gas, Telephone
Roof Type Flat,Membrane
Building
Lot Description Corner Lot
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Daniel Shawah • Baldwin Pearson & Co., Inc
Nearby Locations
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Ilka Torres
Broker License ID: REB.0794005