Property Description
Attention investors! This turnkey commercial office building presents an excellent opportunity for those looking to expand their portfolio with stabilized rental income. Fully leased until 2030 with two long term tenants. Larger unit has occupied the building 35+ years, and the second tenant has been there 14 years. Leases increase annually by 2.5%. Situated in Hartford’s West End, with easy highway access and public transit. Substantial upgrades include energy efficient lighting, new fire alarm system, new HVAC system, updated restrooms, and a complete renovation of the second floor. Ample parking (50+ spaces) located on the front, side, and rear of the building. The partially finished basement offers potential to further maximize rental revenue. Minimal owner responsibility, this property would be ideal for a 1031 exchange or for the newer investor looking to get into commercial real estate. Detailed expense sheet available upon request.
Features
- Heating System:
- Hot Air
- Cooling System:
- Central Air
- Heat Fuel Type:
- Natural Gas
- Exterior Features:
- No
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Location:
- Highway Access, Urban
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Farmington
- Street Number:
- 631
- Floor Number:
- 0
- Longitude:
- W73° 17′ 7.9”
- Latitude:
- N41° 45′ 56.1”
MLS Addon
- Office Name:
- Dave Jones Realty, LLC
- Agent Name:
- Stephanie Ossowski
- List Agent MLSID:
- OSSOWSKIS
- List Office MLSID:
- JONE20
- Tax Year:
- July 2025-June 2026
- Directions:
- Corner of Beacon St and Farmington Ave. There is no sign.
- HOA Fee Amount:
- $0
- Parcel Number:
- 598625
- Property Tax:
- $65,211
- Zoning:
- MX-1
Commercial For Sale
631 Farmington, Hartford, 06105
0 Bedrooms
0 Bathrooms
25,298 Sqft
$1,700,000
Listing ID #24124890
Basic Details
- Property Type :
- Commercial For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24124890
- Price :
- $1,700,000
- Bedrooms :
- 0
- Baths Total :
- 0
- Bathrooms :
- 0
- Half Bathrooms :
- 0
- Square Footage :
- 25,298 Sqft
- Year Built :
- 1960
- Lot Area :
- 0.78 Acre
- City:
- Hartford
- Zipcode:
- 06105
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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