1. Connecticut
2. Hartford
3. 156 Franklin Avenue

156 Franklin Avenue, Hartford, CT 06114

• 21,101 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 6, 2025 at 11:26PM

Listing Office:

Coldwell Banker Realty : (860) 644-2461

Listing Agent:

Alexander Pryor : (860) 808-7399

MLS ID:

24073224

Interior

• General: Window Display
• A/C: Central Air
• Heating: Hot AirNatural Gas

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Alexander Pryor, Coldwell Banker Realty