3281 Main St 14,280 SF 100% Leased Retail Building Hartford, CT 06120 $1,950,000 ($136.55/SF)

INVESTMENT HIGHLIGHTS

  • ±14,280 sf retail center on ±3 acres for sale
  • Opportunity Zone
  • Traffic counts of 17,000 cars per day
  • 8.2% cap rate on existing income
  • Excellent visibility on the corner of Tower Ave & Main St; Located at a traffic light

EXECUTIVE SUMMARY

3281 Main Street is a ±14,280 sf retail center for sale at the highly visible corner of Tower Avenue and Main Street. This property is located in the Opportunity Zone. The price includes the bar, club and excess land. For a total of $1.95M.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,280 SF
Building Class
C
Year Built
1940
Price
$1,950,000
Price Per SF
$136.55
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
3.00 AC
Opportunity Zone
Yes
Zoning
B3
Parking
90 Spaces (7.16 Spaces per 1,000 SF Leased)
Frontage
159’ on Main St

AMENITIES

  • Bus Line
  • Property Manager on Site
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

  • Listing ID: 28103103

  • Date on Market: 3/30/2023

  • Last Updated:

  • Address: 3281 Main St, Hartford, CT 06120