$3,500,000
PENDING

300 W Main St New Britain, CT 06052

Estimated payment $26,967/month

Total Views 18,415
58 Beds
63 Baths
46,134 Sq Ft
$76 Price per Sq Ft

Highlights

  • Very Popular Property
  • Baseboard Heating
  • Laundry Facilities

About This Home

We are pleased to present the Leonard Building, an exceptional redevelopment opportunity for a mixed-use commercial and residential property located at 300 Main Street, New Britain. This property is strategically situated in the heart of New Britain, offering a unique blend of commercial spaces and residential units that cater to a diverse range of people. The Leonard Building is a landmark that stands as a testament to the vibrant economic and residential growth in New Britain. This mixed-use property encompasses a total of 46,134 sqft, comprising of 4 commercial units, 35 residential units with approval to add an additional 18 units, a management office, storage space, and fitness center. The property is designed to meet the needs of modern businesses and residents alike, providing a dynamic and integrated living and working environment. This property is in an opportunity zone and qualifies for historic tax credits.

Listing Agent

David Candelora

RE/MAX Showcase License #REB.0791964 Listed on: 07/29/2024

RE/MAX Showcase

Co-Listing Agent

Michael Robinson

RE/MAX Showcase License #RES.0806797

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $91,194

Year Built

  • Built in 1925

Lot Details

  • 0.36 Acre Lot

Parking

  • 14 Car Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Stone Frame
  • Flat Tile Roof
  • Masonry Siding
  • Masonry
  • Stone

Interior Spaces

  • 46,134 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 58 Bedrooms

Schools

  • New Britain High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 57 Units
  • Laundry Facilities
  • Gross Income $956,940

Listing and Financial Details

  • Exclusions: People. You can't sell people that's illegal.
  • Assessor Parcel Number 647206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$91,194

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 46134
  • Total Sq Ft: 46134
  • Year Built: 1925
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Exclusions: People. You can't sell people that's illegal.
  • Direct Waterfront: No
  • Directions: GPS Friendly. Columbus BLVD to Main St, Near train station. Dont go to East Main or West Main. That's the wrong address. It's plain old boring Main St. Across from the Brit and the High Railer
  • Living Area Sq Ft Per Public Record: 46134
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 58
  • Total Bathrooms: 63
  • Full Bathrooms: 59
  • Half Bathrooms: 4
  • Basement Description: Partial
  • Laundry Room Location: Each floor has laundry room
  • Laundry Room Info: Common Laundry Area
  • Attic: No
  • Street Number Modifier: 300

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick, Stone, Masonry

Garage/Parking

  • Garages Number: 14
  • Total Parking Spaces: 14
  • Garage And Parking: Detached Garage, On Street Parking, Off Street Parking

Utilities

  • Cooling System: Heat Pump
  • Heat Type: Baseboard, Hot Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas, Other, Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: New Britain

Lot Info

  • Acres: 0.36
  • Lot Description: City Views Level Lot
  • Zoning: CBD
  • Parcel #: 647206

Multi Family

  • Gross Annual Income: 956940
  • Net Operating Income: 680635
  • Total Number Of Units: 57

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 91194
  • Total Assessed Value: 2327570
  • Mil Rate Total: 39.18

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New Britain

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,013 $178,990 $44,590 $134,400
2024 $7,086 $178,990 $44,590 $134,400
2023 $6,852 $178,990 $44,590 $134,400
2022 $6,615 $133,630 $39,130 $94,500
2021 $6,615 $133,630 $39,130 $94,500
2020 $6,748 $133,630 $39,130 $94,500
2019 $6,748 $133,630 $39,130 $94,500
2018 $6,748 $133,630 $39,130 $94,500
2017 $6,603 $130,760 $37,240 $93,520
2016 $6,603 $130,760 $37,240 $93,520
2015 $6,407 $130,760 $37,240 $93,520
2014 $6,407 $130,760 $37,240 $93,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $599,900 -82.9% $189 / Sq Ft
02/25/2025 02/25/25 For Sale $3,500,000 0.0% $76 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $3,500,000 -- $76 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $150,000 --
Warranty Deed $125,820 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $174,400 Commercial
Previous Owner $137,500 Commercial
Previous Owner $60,000 Commercial
Closed $25,000 No Value Available
Source: Public Records

Source: SmartMLS

MLS Number: 24036044

SmartMLS

APN: NBRI-000007A-000000-D000031