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About This Home
This 0-bedroom, 0-bathroom commercial at 631 Farmington Avenue in Hartford, CT is listed for $1,550,000 ($61 per sqft). Built in 1960, the home offers 25,298 sqft of living space on a 0.78 acres lot.
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 15+ years.
Leases increase annually by 2.5%. Close to West Hartford, this property is situated in Hartford's West End, with easy highway access and public transit. Substantial upgrades include energy efficient lighting, new fire alarm system, new RTU systems, new water heater (2026), 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. With minimal owner responsibility, this property would be ideal for a 1031 exchange, those looking to add to their commercial portfolio, or for the newer investor looking to get into commercial real estate. Detailed expense sheet available upon request.
Key Features
- Built in 1960
- 0.78 acre lot
- 50 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$8,290/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
631 Farmington Avenue
Hartford, CT 06105
Property Details
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 631 Farmington Avenue is listed at $1,550,000 ($61/sqft). The estimated monthly payment is $6,717 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.78 acre lot, 50 parking spaces.
This property is listed by Stephanie Ossowski and can be reached at 8603369290 or stephossowski@gmail.com.