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Hartford CT Real Estate & Commercial for Sale

1 Properties Found

The median home value in Hartford, CT is $296,000. This is higher than the county median home value of $255,000. The national median home value is $308,980. The average price of homes sold in Hartford, CT is $296,000. Approximately 23.67% of Hartford homes are owned, compared to 62% rented, while 14.33% are vacant. Hartford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Hartford real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
37,730
Status:
Active
MLS#:
24009127
Type:
Business Opportunities
Lot size:
0.87 Acres
Year built:
1921
Courtesy: Lisa P. Lazarus - KW Legacy Partners Lisa P. Lazarus
View additional info

CALLING ALL SAVVY AND EXPERIENCED DEVELOPERES! The property is in one of Hartford's heavily trafficked Opportunity Zones (https://portal.ct.gov/DECD/Services/Business-Development/Tax-Incentives/Opportunity-Zones and see attached for resources). The building is an old Factory registered as a Historic Place in Hartford's Opportunity Zone! The original plant was enlarged in 1943 and remained in continuous use until 2010, when the Company ceased operations. Please refer to the attachments for more property information. The neighborhood surrounding the factory is developed with a mix of residential, industrial, commercial, and institutional buildings, and parallel to one of the city's primary commercial corridors, Albany Avenue. Most recently, Hartford Specialty Machinery Co., also on Homestead Ave, was purchased or the express purpose of constructing a cannabis grow operation. Current zoning regulations allow for Multifamily (4+ units) developments; Small Residential Care; Hotel/Apartment Hotel; Community Service; Offices. Medical Marijuana production allowed subject to use-specific conditions (*possible Special Permit). Currently, approximately 1,200 sf is being rented by 2 tenants for storage and generating $28,800/year. There are no leases in place. Phase II environmental reports are available. Showings require 24 hours notice.

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This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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