Woodbridge Mill - Senior Apartment Conversion
501 Middle Tpke East
Manchester, CT 06040
Highlights
- Property being sold below appraised value of $650K
- Approved for 24 apartments & 2 store fronts
- 15 one bedroom units & 9 two bedroom units
- State Register of Historic Places
- State and Federal Tax Credits Eligible
- Great Value-Add Property
- Original Brick Exterior
- Vaulted Ceilings
- Great Window Line
- Clean Environmental Report
- Detailed Site Design Approval Plan
- Mill Building
Description
The historic Woodbridge Mill building is a turn-of-the-century factory building totaling 33,948 SF and situated on 1.03 acres. Originally built as an expansion location for the Glastonbury Knitting Company, this storied property is located at the 3-way junction of Middle East Tpke, East Center Street and Woodbridge Street. The property has approvals pending to be converted into 24 apartments and 2 store fronts allows for historic tax. Architectural plans are available.
Manchester, Connecticut is a town of just over 55,000 residents making it Connecticutā€™s 15th most populous town. Manchester has many shopping centers with big-box stores, small businesses, and restaurants as well as the Buckland Hills Mall. Manchester is easily accessible as it is right off of Interstate-84, I-384, and I-291.
