Welcome to 156 162 Franklin Avenue, a potential retail corridor located just minutes from Hartford Hospital.


Property

Website:https://www.nestseekers.com/5145634
Address:
156 Franklin
Hartford, CT 06114
Ownership: Commercial
Type: Commercial
Bathrooms: 5
Area: 21101 sq ft

Financials

Price:$2,700,000
Annual Taxes:$15,633

Description

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.

Amenities

  • Central Air
  • Elementary School -
  • High School -
  • Intermediate School -
  • Lighting
  • Loading Dock/Grade
  • Loading - Dock Height
  • Public Restrooms
  • Storage Building
  • Window Display

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Alexander Pryor of Coldwell Banker Realty