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156-162 Franklin Ave
Hartford, CT 06114 Barry Square

$2,700,000 USD

Storefront Retail Office For Sale  •  14,402 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 14,402 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 1940
  • Cap Rate 5.87 %
  • Tenancy Multiple
  • Zoning ms-2
51 Transit Score
81 Walk Score

Highlights

Prime Location with high visibility and strong foot traffic, ideal for retailers and customers alike.
Building includes low operating expenses.
Potential Redevelopment opportunity

Property Flyers

Financial Summary (Actual)

Net Operating Income: $158,367 USD (2023)
Cap Rate: 5.87 %
Total Expenses: $15,633 USD

Amenities

  • Bus Line
  • Dedicated Turn Lane

Public Transportation

Commuter RailDriveWalkDistance
Hartford (Hartford Line - Hartford Line) 3 min - 1.8 mi
Hartford Amtrak Station (Amtrak Hartford Line - Amtrak, Northeast Regional - Amtrak, Valley Flyer - Amtrak, Vermonter - Amtrak) 4 min - 1.9 mi
AirportDriveWalkDistance
Bradley International 34 min - 18.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 14
Type: Surface
Included in Rent: Yes
Alexander Pryor 860-648-5600 Coldwell Banker Realty
Alexander Pryor 860-648-5600 Coldwell Banker Realty