This offering presents a rare opportunity to acquire a BUILDING PERMIT ISSUED multifamily redevelopment in one of Connecticut’s most vibrant downtowns. With approvals secured and strong market fundamentals, investors can move directly into construction and lease-up. BUILDING PERMITS IN PLACE to convert the property into an 18-unit residential building. Engineering, electrical, and plumbing plans are completed and stamped. Walkable to Main Street amenities, dining, and retail, driving tenant demand. Town-approved PARKING PERMIT PROGRAM ALLOWS RESIDENTS TO PURCHASE DOWNTOWN PARKING IDEAL FOR A MULTIFAMILY DEVELOPER, OR VALUE-ADD INVESTOR PROPERTY FEATURES Existing Structure with Character – Former Italian American Club Zoning Approval & BUILDING PERMIT in Place – Eliminates entitlement risk Approved Parking Plan – ALLOWS RESIDENTS TO PURCHASE DOWNTOWN PARKING. Flexible Unit Layout Potential – Optimize for market rents and tenant demand