1485 Corbin Avenue New Britain, CT $ 579,900
1485 Corbin Avenue
$ 579,900
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1485 Corbin Avenue

New Britain, CT, 06053
$ 579,900
Baths6.0 Sq 4,197

Monthly Estimate*

$ 3,854

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Studio

Commercial Property for sale in New Britain, CT

for $579,900 with 6 full baths. This 4,197 square foot building was built in 1920 on a lot size of 0.17.

INVESTORS TAKE NOTICE! Five unit mixed-use cash cow, fully leased bringing in $7,550 per month. Two street level commercial space occupied by a convenience store and a restaurant. Three apartments, a one bedroom and two two bedroom residential units. All units are leased. Garage is also leased for $250 a month for one year. See Income and Expense information in MLS attachments. Only showing apartments for second showings. Seller is tenant on Restaurant Lease, If Buyer prefers Seller will cancel lease if Buyer wants space.

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Commercial Active

Price

$ 579,900

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.17

Year Built

1920

Town/City

New Britain

MLS | Web ID

170586989

Features
General
Zoning T
Full Baths 6
Half Baths 0
Year Built 1920
Neighborhood N/A
Heater Type Baseboard
County Hartford
Present Use Mixed-Use
Tax Year July 2023-June 2024
Location Highway Access Downtown Urban
Net Operating Income 49830
Property Type Commercial For Sale
Status Active
Acres 0.17
Directions Corbin Ave to 1485.
City New Britain
Street Name Corbin
Sq Ft Total 4197
DOM 315
Video Tour Y/N 0
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Interior
Cooling System None
Total Rooms 0
Utilities Available Electric Gas Telephone Cable
Total Bathrooms 6
Total Bedrooms 0
Total Number of Units 5
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Exterior
Water Source Public Water Connected
Garage Parking Detached Garage
Lot Description Corner Lot
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Internal Only
Street Number 1 1485
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* Excluded Features
List By
Gary Thompson

Listing Agent

Ct Realty Consultants

Broker

GaryThompson@CTRealtyConsultants.com

Email

Affordability Calculator

$3,854
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,854
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$579,900 -7.22% Price Down
8/21/2023$625,000 Listed Price

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1485 Corbin Avenue, New Britain, CT, 06053 is a Commercial Property for sale at $579,900 with 4,197 sqft and a lot size of 0.17. 1485 Corbin Avenue is a studio with 6.0 baths and was built in 1920. The property's zip code is 06053 which is in New Britain, CT