CT > Hartford
Hartford, CT 06114,156 Franklin Avenue
Hartford, CT 06114,156 Franklin Avenue
Hartford, CT 06114,156 Franklin Avenue
Hartford, CT 06114,156 Franklin Avenue
Hartford, CT 06114,156 Franklin Avenue
Hartford, CT 06114,156 Franklin Avenue
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Diana H. Murphy

Diana H. Murphy

Individually Licensed Real Estate Broker-CT and Associate Broker with HomeSmart Homes and Estates-NY

+1(914) 760-5533
$ 2,700,000
Est. payment | /mo

21,101 SqFt

Save
$ 2,700,000
Est. payment | /mo
Save

21,101 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,101 sqft

Price per Sqft $127

MLS Listing ID 24073224

Year Built 1940

Annual Tax Amount $15,633

Lot Size 0.480 Acres

Property Description

Welcome to 156-162 Franklin Ave. A Prime Retail and Commercial Investment Opportunity located just minutes from downtown. This diverse retail complex provides a one-stop shopping experience for both consumers and businesses. The property features a mix of commercial units, including a car wash, grocery store, restaurant, and office space. Key Features Include: Total Building Size: Over 17,000 square feet. Prime Location with high visibility and strong foot traffic, ideal for retailers and customers alike. Off-street parking with spaces for tenants & visitors. Accessible retail spaces with upgrades to roof including remodeled storefronts and repaved rear lot. Highlights include natural gas heating. The Cap is over 5 with low operating expenses. The rent roll consists of the following: 2 Story Office Building: $6,500/month. Mini Mart: $3,000/month. Seafood Restaurant: $2,500/month. Car Wash pays $2,500. Property is zoned for Ms-2 with "mix use" potential. First floor of the office building has potential to expand for a fifth retail space. Excellent portfolio for an investor looking to cash flow and own a staple retail complex in a vastly growing neighborhood.

Location

State CT

County Hartford

Zoning MS-2

Interior

Interior Features Window Display

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature Storage Building, Lighting, Loading Dock/Grade

Utilities Available Gas

Roof Type Flat,Tar/Gravel

Building

Lot Description Dry, Level Lot

Story 2

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Alexander Pryor • Coldwell Banker Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(914) 760-5533

diana@thenyrealtor.com

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156 Franklin Avenue