250 North Street, New Britain, CT 06051

• 21 beds |
• 15 baths |
• 14,408 sqft

Property Description

Excellent opportunity to acquire a 16-unit mixed-use investment property strategically positioned along one of New Britain's primary commercial corridors. The property consists of 12 residential units (six 2-bedroom/1-bath units and six 1-bedroom/1-bath units) and four street-level commercial spaces, offering investors a diversified income stream. The commercial component is fully leased to a nail academy (occupying two storefronts), a pizzeria, and a mini market. The nail academy has made substantial tenant improvements, including the installation of commercial HVAC systems, ventilation, and interior build-outs, reflecting a long-term commitment to the property. The residential apartments are separately metered for electricity, with the landlord responsible for heat and hot water. Commercial tenants is responsible for their own utilities (separately metered), reducing operating expenses and enhancing the property's income profile. The asset provides strong in-place cash flow with additional upside through residential rent growth as units turn over. Additional highlights include ample on-site parking, excellent street frontage and visibility, and a high-traffic location. Conveniently located just minutes from Central Connecticut State University (CCSU), Downtown New Britain, CTfastrak, and major highways including Route 9, Route 72, and Interstate 84.

Listing Status:

Active

Date Added:

August 6, 2026

Data Last Updated:

August 11, 2026 at 12:50PM

Listing Office:

Oxford Realty : (203) 314-4219

Listing Agent:

Thuyan Tran : (860) 308-6115

MLS ID:

24197237

Interior

• Basement: Full
• A/C: None
• Heating: BaseboardNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Units on different FloorsOther

Construction

• Roofing: Flat

Location

• County: Hartford

Lot

• Zoning: B1648360

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected