Hartford CT Commercial for Sale
$474,900
817 Albany Avenue Hartford, CT 06112
- Type:
- General Commercial
- Sq.Ft.:
- 6,062
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1930
- Baths:
- 6.00
- MLS#:
- 24046632
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Great investment property. Two residential apartment on 2nd and 3rd floor, and commercial space on 1st floor. Apartments are fully rented. Fully updated. Large apartments and large commercial space on first floor. Must see.
- Type:
- General Commercial
- Sq.Ft.:
- 37,730
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.87 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- 24009127
- Subdivision:
- Upper Albany
ADDITIONAL INFORMATION
CALLING ALL SAVVY AND EXPERIENCED DEVELOPERES! The property is in one of Hartford's heavily trafficked Opportunity Zones (See attached for resources). The building is an old Factory registered as a Historic Place in Hartford's Opportunity Zone! The original plant was enlarged in 1943 and remained in continuous use until 2010, when the Company ceased operations. Please refer to the attachments for more property information. The neighborhood surrounding the factory is developed with a mix of residential, industrial, commercial, and institutional buildings, and parallel to one of the city's primary commercial corridors, Albany Avenue. Most recently, Hartford Specialty Machinery Co., also on Homestead Ave, was purchased or the express purpose of constructing a cannabis grow operation. Current zoning regulations allow for Multifamily (4+ units) developments; Small Residential Care; Hotel/Apartment Hotel; Community Service; Offices. Medical Marijuana production allowed subject to use-specific conditions (*possible Special Permit). Currently, approximately 1,200 sf is being rented by 2 tenants for storage and generating $28,800/year. There are no leases in place. Phase II environmental reports are available. Showings require 24 hours notice.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.
Hartford Real Estate
The median home value in Hartford, CT is $180,200. This is lower than the county median home value of $304,000. The national median home value is $338,100. The average price of homes sold in Hartford, CT is $180,200. Approximately 21.64% of Hartford homes are owned, compared to 63.18% rented, while 15.19% are vacant. Hartford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hartford real estate agent to arrange a tour today!
Hartford, Connecticut 06112 has a population of 121,562. Hartford 06112 is less family-centric than the surrounding county with 18.78% of the households containing married families with children. The county average for households married with children is 29.12%.
The median household income in Hartford, Connecticut 06112 is $37,477. The median household income for the surrounding county is $80,320 compared to the national median of $69,021. The median age of people living in Hartford 06112 is 33 years.
Hartford Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 49.2 inches per year, with 37.9 inches of snow per year.