Smart MLS #24073224
156 Franklin Ave,
Hartford, CT 06114
☆
For Sale
Commercial$2,700,000
21101 Sqft · RET
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, grocery 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 over 5 with low operating expenses. the rent roll consists 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.
Map
Listing
Market Stats
- List $2,700,000
- 50 Days on Market
Real Estate Agent
Details
Building
- Built 1940
Sqft
- 21101 Total Sqft
Lot / Land
- 0.48 Acres
- BARRY Neighborhood
- Level Lot
- INTERST,PAVED
Utilities
- Hot Air
- Natural Gas
- Central Air
- Public Water
- Public Sewers
Rental
- 4 Tenants
Financials
- $174,000 Gross Income
- $15,633 Expenses
Taxes
- Assessment $226,730
- Mill Rate 68.95
- Taxes $15,633
- Parcel Num 597318
Share this Listing ..
This real estate listing for sale at 156 Franklin Ave is presently used as Retail with 21101 total sqft and was built in 1940. It is located in the Hartford, Connecticut area with the 06114 zip code. For more info about the property at 156 Franklin Ave, Hartford, CT 06114 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:01:50. 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.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:01:50. 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.