160-184 Wolcott Street
Bristol, Connecticut

Description:

Please submit the HIGHEST and BEST offer by Friday (01/16) 8 pm. Exceptional Investment Opportunity for investors seeking strong cash flow and future upside - Mixed-Use Property with Two income-producing Residential Units and an Office Building with Redevelopment Potential This property features two residential units providing immediate rental income and a 5,260 sq. ft. commercial building offering significant long-term potential. 184 Wolcott St - A 3-bedroom, 1-bath single-family home (1,021 sq. ft.) with central air, a detached garage, and a .36-acre lot. Currently occupied by long-term tenants paying below-market rent, with a rent increase scheduled for January, ensuring near-term revenue growth. 160 Wolcott St, Suite 2 - A renovated 4-bedroom, 2.5-bath Cape with washer/dryer hookups, central air, and ample parking. Features include two first-floor bedrooms, a finished basement, and a private entrance, making it ideal for stable, long-term tenancy. 160 Wolcott St, Suite 1 - A 5,260 sq. ft. office building with 40 car parking, previously leased to ProHealth for $7,500/month through September 2025. With high visibility (10,900+ daily traffic), front lobby, multiple access points, elevators, conference rooms and a full basement, this property is perfectly suited for medical, professional, or mixed-use tenants. Zoned for multipurpose use, it also offers redevelopment potential-including conversion to multifamily residential.

Listing Courtesy of RE/MAX Right Choice