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An exceptional opportunity to acquire two strategically located commercial assets in the heart of Bristol’s rapidly transforming medical and residential corridor. This offering presents a compelling value-add and redevelopment opportunity, allowing investors to convert existing commercial space into a thriving mixed-use residential asset while maintaining strong in-place cash flow throughout the planning and construction process. Surrounded by the recently completed Bristol Hospital expansion, the new Wheeler Clinic building, and several newly developed mixed-use apartment communities, this location is positioned at the center of Bristol’s continued growth and revitalization.

The City of Bristol is in the process of approving the development of 8 apartments on the second floor of 4 Riverside Avenue and 8 apartments on the second floor of 10 North Main Street, creating a clear path toward a mixed-use residential conversion. The projected rent roll for Mixed Use of both buildings is approximately $553K, but one very positive aspect would be the continued stream of income from the first-floor commercial tenants of approximately $198K in rent roll during the conversions. This project creates an exceptional opportunity for both a long-term hold strategy and a value-add exit, offering strong cash flow, significant upside potential, and an attractive return on investment in one of Bristol’s most active redevelopment corridor. Properties may be purchased together or separately.