Woodbridge Mill

501 Middle Tpke East, Manchester, CT 06040

  • For Sale $625,000
  • Property Type Multi-Family
  • Property Size 33,948 SF
  • Units 25
  • Lot Size 1.03 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 31
  • Parking Ratio 1.00 / 1,000 SF
  • Year Built 1901
  • Year Renovated 2018
  • Date Updated Jan 13, 2025
Manchester, Connecticut is a town of just over 55,000 residents making it Connecticut’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.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 in place to be converted into 25 senior apartments (age of 55+, owners believe approvals could be had with no age restrictions), allows for historic tax credits (both statewide and federal), and has a projected NOI of $370,000+/- per year. Architectural plans are already in the work and would allow for a great unit mix of 16 one bedroom apartments, and 9 two bedroom apartments.
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Highlights

  • Approved for 25 apartments
  • Senior Housing (Owners believe approvals could be had with no age restrictions)
  • 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

Contacts

broker
Carl Berman CCIM, MICP

Elite Commercial Real Estate Services

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Manchester, CT
  • Zip Code 06040
  • Market Bridgeport New Haven

Points of Interest

  • Cumberland Farms

    1.21 miles

  • Mobil

    1.77 miles

  • Xtra Fuels

    1.89 miles

  • Best Gas

    1.99 miles

  • Laxmi Sunoco

    2.02 miles

  • Shell

    2.08 miles

  • BJ’s Gas

    2.52 miles

  • Gulf

    2.62 miles

  • Irving Gas Station

    2.64 miles

  • Shell Gas Station

    2.80 miles

  • Risley Reservoir parking

    1.89 miles

  • Ribbon Mill Visitors

    1.98 miles

  • Ribbon Mill Residents

    2.07 miles

  • Connecticut Park and Ride

    2.27 miles

  • Carts

    4.04 miles

  • Wapping Park parking

    4.12 miles

  • Charles Cheney Inn

    1.93 miles

  • Baymont Inn and Suites of Manchester

    1.95 miles

  • Best Stay Inn

    2.09 miles

  • Courtyard Hartford Manchester

    2.50 miles

  • Residence Inn Hartford Manchester

    2.53 miles

  • Holliday Inn Express

    2.73 miles

  • Fairfield Inn & Suites Hartford Manchester

    2.80 miles

  • Homewood Suites

    2.86 miles

  • Red Roof Inn

    3.18 miles

  • Hampton

    3.61 miles

  • Shady Glen

    0.77 miles

  • Dunkin'

    1.34 miles

  • Panda King

    1.34 miles

  • Johnson's seafood

    1.38 miles

  • Center Perk

    1.38 miles

  • Domino's

    1.40 miles

  • Los Sarapes Mexican Restaurant

    1.41 miles

  • Filomena's Pizzeria

    1.44 miles

  • Lucky Taco Cantina & Tap Room

    1.48 miles

  • Sukhothai

    1.49 miles

  • Bowers Elementary School

    0.55 miles

  • Buckley Elementary School

    0.63 miles

  • Illing Middle School

    0.69 miles

  • Highland Park Elementary School

    0.87 miles

  • Manchester High School

    0.95 miles

  • Cornerstone Christian School

    1.30 miles

  • Saint Bridget School

    1.38 miles

  • Manchester Middle Academy

    1.53 miles

  • Saint James School

    1.62 miles

  • Bennet Academy

    1.65 miles

  • Manchester Preschool Center

    1.12 miles

  • BrightPath South Windsor Child Care Center

    5.17 miles

  • Kangaroo Kids

    5.53 miles

  • Educational Playcare

    5.70 miles

  • Bright Horizons

    6.03 miles

  • Scotty's kiddy Korner Preschool and Daycare

    6.65 miles

  • KinderCare

    7.09 miles

  • The Learning Experience

    7.15 miles

  • Stork Club

    7.47 miles

  • Tolland Green Learning Center

    8.93 miles

Frequently Asked Questions

How much does Woodbridge Mill cost?

The space currently listed for sale at Woodbridge Mill asks for $625,000.

What is the total square footage of Woodbridge Mill?

Woodbridge Mill totals 33,948 square feet.

When was this property built?

Woodbridge Mill was built in 1901.

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Contact Listing Broker
broker
Carl Berman CCIM, MICP

Elite Commercial Real Estate Services