CT > Hartford
Hartford, CT 06105,631 Farmington Avenue
Hartford, CT 06105,631 Farmington Avenue
Hartford, CT 06105,631 Farmington Avenue
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KIRK & STACY WEINGARTEN

KIRK & STACY WEINGARTEN

+1(941) 432-4141
$1,900,000
Est. payment /mo
25,298 SqFt
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UPDATED:

02/25/2025 12:55 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 25,298 sqft

Price per Sqft $75

MLS Listing ID 24042284

Year Built 1960

Annual Tax Amount $65,211

Lot Size 0.780 Acres

Property Description

Attention investors! This turnkey commercial office building presents an excellent opportunity for those looking to expand their portfolio with stabilized rental income. Fully leased until 2030 with two long term tenants. Larger unit has occupied the building 35+ years, and the second tenant has been there 14 years. Leases increase annually by 2.5%. Situated in Hartford's West End, with easy highway access and public transit. Substantial upgrades include energy efficient lighting, new fire alarm system, new HVAC system, updated restrooms, and a complete renovation of the second floor. Ample parking (50+ spaces) located on the front, side, and rear of the building. The partially finished basement offers potential to further maximize rental revenue. Minimal owner responsibility, this property would be ideal for a 1031 exchange or for the newer investor looking to get into commercial real estate. Detailed expense sheet available upon request.

Location

State CT

County Hartford

Zoning MX-1

Interior

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature None

Utilities Available Electric, Gas, Telephone, Cable

Roof Type Membrane

Building

Lot Description Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Stephanie Ossowski • Dave Jones Realty, LLC

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631 Farmington Avenue

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