Listing Courtesy of: Alexander Pryor - KW Legacy Partners 860-313-0700
$2,700,000 affordable loan icon Calculate Payment

156 Franklin Avenue Hartford, CT 06114

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General Commercial Residence
Beds
5 Baths
21,101 Sq. Ft.
0.48 Acre Lot

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Last updated on 11/13/2024 8:14 AM
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, gro...cery 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 of 5 with low operating expenses. The rent roll consist 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. Continue reading
MLS#
24058748
Property Type
General Commercial
Bathrooms
5 Half
Year Built
1940
Square Feet
21,101 sq. ft
Lot Size
0.48

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Listing Courtesy of: Alexander Pryor - KW Legacy Partners 860-313-0700
Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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