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417 Hope Street Bristol

$1,150,000
2 2 4,020 sq ft

The Property

A unique opportunity to purchase this mixed-use building on a corner double lot in the heart of downtown Bristol, one block from the water, with ample parking. This property has so many possibilities, whether it is office space, a restaurant, rentals, condo’s, a bed and breakfast, or a single-family home, the historic detail and charm coupled with the water views is certainly a crowd pleaser. One room has been restored to its original glory and gives a glimpse of what the property can be. There is a one-bedroom unit currently occupied by the owner while the rest of the building is under construction.

All the dirty work is done as the building has been gutted and a blank page is ready for its next chapter. The property has been approved to add three dormer windows on the third floor facing the water, a skylight in the rear of the building, new windows, and two decks. The second lot is currently being used as a parking lot for the building but that too has its own array of options. A stunning property to say the least with endless possibilities. Being sold as-is.

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Listing Details

MLS Number

1316825

Lot Size:

0.13 acres

Features

  • Basement: Full
  • Brick
  • Fireplace: Wood Frame
  • Heating: Individual Control, Radiant Heat
  • Heating Fuel: Electric,Oil
  • Laundry
  • Corner
  • Extra Lot
  • Type: Other
  • Year Built: 1804
  • Water Amenities: Saltwater View, Walk to Salt Water

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Market Trends for Multi Family Homes
in Bristol

  • Overview
    Homes for Sale Today4-94.5% decrease in inventory
    New on Market *3-50% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$285.58$10 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$700,000$42,500 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.05%-4.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$212.82$79 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *1919 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Gustave White Sotheby's Realty

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