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listing
1 of 11
CommercialFor Sale
$2,700,000
156 Franklin Avenue
Hartford, CT 06114
Courtesy of KW Legacy Partners
MLS: Smart MLS
0Beds
5Baths
Est. Mortgage
$14,037/mo

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.

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Information courtesy of KW Legacy Partners is subject to verification and is not guaranteed. Listing Data Last Updated 11/21/2024 04:22 AM
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