156 Franklin Avenue

Hartford, CT 06114 Directions
$2,700,000
  • 0/5Baths
  • 21,101Sqft
  • 0.48Acres
  • 1940Built
  • $128Price/Sqft

Property Highlights

  • Neighborhood: Barry Square
  • Days on Market: 25
  • MLS: 24142264

Property Highlights

  • Neighborhood: Barry Square
  • Days on Market: 25
  • MLS: 24142264

Welcome to 156-162 Franklin Avenue, a potential retail corridor located just minutes from Hartford Hospital. This diverse retail complex offers convenient one-stop shopping for both consumers and businesses, featuring a mix of commercial units that includes a car wash, grocery store, restaurant, and office space. The property spans over 17, 000 square feet and benefits from a prime location with high visibility and strong foot traffic, along with off-street parking for both tenants and visitors. Recent upgrades include roof improvements, remodeled storefronts, and a repaved rear lot, and the building also features natural gas heating. The current...

Property Highlights

  • Neighborhood: Barry Square
  • Days on Market: 25
  • MLS: 24142264

Welcome to 156-162 Franklin Avenue, a potential retail corridor located just minutes from Hartford Hospital. This diverse retail complex offers convenient one-stop shopping for both consumers and businesses, featuring a mix of commercial units that includes a car wash, grocery store, restaurant, and office space. The property spans over 17, 000 square feet and benefits from a prime location with high visibility and strong foot traffic, along with off-street parking for both tenants and visitors. Recent upgrades include roof improvements, remodeled storefronts, and a repaved rear lot, and the building also features natural gas heating. The current rent roll consists of a two-story office building at $7, 000 per month, a mini-mart at $3, 000 per month, a seafood restaurant at $3, 000 per month, and a car wash paying $3, 000 per month. Zoned MS-2, the property offers mixed-use potential, and the first floor of the office building presents an opportunity to expand and create a fifth retail space. This is an excellent portfolio addition for an investor seeking strong cash flow and a prime location.

Welcome to 156-162 Franklin Avenue, a potential retail corridor located just minutes from Hartford Hospital. This diverse retail complex offers convenient one-stop shopping for both consumers and businesses, featuring a mix of commercial units that includes a car wash, grocery store, restaurant, and office space. The property spans over 17, 000 square feet and benefits from a prime location with high visibility and strong foot traffic, along with off-street parking for both tenants and visitors. Recent upgrades include roof improvements, remodeled storefronts, and a repaved rear lot, and the building also features natural gas heating. The current rent roll consists of a two-story office building at $7, 000 per month, a mini-mart at $3, 000 per month, a seafood restaurant at $3, 000 per month, and a car wash paying $3, 000 per month. Zoned MS-2, the property offers mixed-use potential, and the first floor of the office building presents an opportunity to expand and create a fifth retail space. This is an excellent portfolio addition for an investor seeking strong cash flow and a prime location.

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  • Additional Information
    • Area Type: Highway Access, Downtown, Shopping Mall, Strip Mall, Retail Corridor
    • Average Days On Market: 5
    • Days On Market: 25
    • Divisible: Yes
    • Gross Expenses: 15633
    • Gross Income: 192000
    • Is Occupied?: Tenant
    • Living Area SqFt: 21,101
    • Neighborhood: Barry Square
    • Present Use: Retail
    • Property Tax: $15,633
    • Road Frontage Description: Interstate Highway, Paved Road
    • Sewer: Public Sewer Connected
    • Status: Active
    • Tax Amount: $15,633
    • Tax Year: July 2025-June 2026
    • Type: Commercial For Sale
    • Utilities Available: Gas
    • Year Built: 1940
    • Zoning: MS-2
  • Amenities
    • Loading - Dock Height
    • Public Restrooms
    • Window Display
  • Interior/Exterior Features
    • # of Docks: 2
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Exterior Features: Storage Building,Lighting,Loading Dock/Grade
    • Furnace Type: Natural Gas
    • Half Baths: 5
    • Heat: Natural Gas
    • Heat Fuel: Natural Gas
    • Living SqFt Source: Public Records
    • Roof: Flat, Tar/Gravel
    • Stories: 2
    • Total Baths: 5

Listing Courtesy of Alexander Pryor of Coldwell Banker Realty.

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