417-429 Franklin Ave | Hartford, CT 06114
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- LoopNet Team
417-429 Franklin Ave
Hartford, CT 06114
Value-Add Medical/Office/Multifamily Convert · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Opportunity for significant value created through a strategic lease-up of the current vacant spaces or ideal for a company's headquarters.
- The Greca Plaza enjoys unrivaled exposure to foot traffic and over 8,500 daily vehicles, enhancing its visibility and accessibility.
- The Greca Plaza is situated in a thriving area with ample potential for tenant demand and business growth.
- Easy access to major highways such as I-84 and I-91, proximity to a bus route, and being within a 20-minute drive of Bradley International Airport.
- Zoned for MS-2, the property allows for many uses such as retail, residential, and office, giving investors flexibility to reimagine the space.
- Median household income of $71,400 and annual consumer spending of $7.1 billion reflect the area's economic vitality.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Property Subtype
Building Size
45,554 SF
Building Class
C
Year Built/Renovated
1900/2018
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,185 SF
Slab To Slab
9’
Building FAR
0.74
Lot Size
1.42 AC
Parcel Number
HTFD-000253-000675-000182
Zoning
MS-2 - Storefront Buildings, Cottage Commercial, General, & Apartment Building Types, introducing a mix of retail, service, residential, and office use
Parking
87 Spaces (1.91 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Basement
- Air Conditioning
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