$2,700,000

Est. Mortgage $13,476/mo *

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156 Franklin Avenue, Hartford, (Barry Square), CT, 06114

156 Franklin Avenue, Hartford, (Barry Square), CT, 06114
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0 beds

5 Half baths

1940

21,101 sqft

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.

Status:

Active

Town:

Hartford

Type:

Commercial

Units:

4

Zoning:

MS-2

Frontage:

Municipal Street

Heating:

Hot Air

Cooling:

Central Air

Acreage:

0.48

Est. Taxes:

$15,633

Assessment

$226,730

Current Use

Retail and commercial office

Permitted Use

Mixed-Use potential for a combination of residential, commercial, and po

Utilities

Gas

Lot Description:

Level Lot

Days on Market:

15

MLS #:

24058748

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Alexander Pryor, KW Legacy Partners Email: a.pryor@kw.com