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156-162 Franklin Ave

barry square, hartford, CT 06114

$2,700,000

  • 5 HALF BA
    approx. 21,101 SF

Interested? Let's Connect

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.

Details

21,101 Sq Ft

0.48 Private Acres Lot Size

commercial

Built in 1940

MLS/Listing ID 24142264

2 Stories

Amenities & Features

Tar and Gravel Roof

Flat

Lot - Dry

Lighting

Construction - Frame

Construction - Concrete

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TOTAL MONTHLY COST

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