$1,350,000

35 Oakland Street, Manchester CT, 06042

Price per sqft$49.01

Built in1888

Property size27,548 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Jun 30, 2026

Updated Sep 17

Exceptional adaptive reuse opportunity with all major approvals already in place. This property comes fully approved for the conversion into 26 residential units, consisting of 22 - one bedroom apartments and 4 - two bedroom apartments. Architectural, MEP, and all necessary site approvals have been secured, allowing a developer to begin construction immediately. The building has already undergone interior demolition, significantly reducing upfront time and costs. Adding to the value, Phase I and Phase II Historic Tax Credit approvals have been obtained, creating the potential for substantial financial incentives for qualified buyers. The property is ideally situated with ample on site parking, convenient access to shopping, restaurants, and major transportation routes. This is a rare, shovel ready development opportunity with approvals in place, valuable historic tax credit eligibility, and tremendous upside in a growing market.

Additional information

MLS^® ID: 24188027

Interior Features

Bedrooms: 0
Bathrooms: 1
Heating: Yes
Basement: No

Exterior Features

Lot Size: 1.57 Acres

Other Property Details

Taxes: $11,615
Tax Frequency: Annually

Listed by Natalie Zoef with Vanguard Private Client Grp (860) 882-8784. Bought with Andrew Stein of Vanguard Private Client Grp.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/17/2026. This information is for personal, non-commercial use only and may not be used for any purpose other than identifying properties the viewer may be interested in purchasing. MLS data is generally considered reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying all information and should conduct their own investigation or consult a professional. Some MLS data may have been provided by sources other than the listing agent. Unless stated in writing, the Broker/Agent has not verified information obtained from outside sources. The Broker/Agent may or may not have been the listing and/or selling agent, and cannot guarantee the accuracy of any property location shown on a map. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/17/2026 at 2:39 AM UTC.