Reliable Auto Tire Company Inc. | 711 Maple Ave
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Reliable Auto Tire Company Inc. 711 Maple Ave
6,800 SF Retail Building Hartford, CT 06114 $1,200,000 ($176/SF)
Investment Highlights
- 5 bay auto repair shop with 20 car parking on Maple Ave. Strong demographics for this retail service location.
Executive Summary
Current use: 5984 SF auto repair shop located on .37 acres. 5 bays total (4 double depth and 1 bay on North side of building). Fenced in vehicle storage yard for about 20 cars.
Zoned MS-3 permitting Hotel use. Continue the same use including the business value in $1.2m sale price.
Zoned MS-3 permitting Hotel use. Continue the same use including the business value in $1.2m sale price.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2
|
$0.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2
|
$0.00
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $2 |
| Annual Per SF | $0.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2 |
| Annual Per SF | $0.00 |
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,800 SF
Building Class
C
Year Built
1930
Price
$1,200,000
Price Per SF
$176
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Land Acres
0.48 AC
Zoning
MS-3 - Main street, mixed use main street development with ground floor storefronts in neighborhood centers, at interior neighborhood nodes.
Parking
20 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
168 FT on Maple Ave
Amenities
- Pylon Sign
Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | HTFD-000230-000652-000010 | Total Assessment | $185,920 (2024) |
| Land Assessment | $68,390 (2024) | Annual Taxes | $2 ($0.00/SF) |
| Improvements Assessment | $117,530 (2024) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
HTFD-000230-000652-000010
Land Assessment
$68,390 (2024)
Improvements Assessment
$117,530 (2024)
Total Assessment
$185,920 (2024)
Annual Taxes
$2 ($0.00/SF)
Tax Year
2023 Payable 2023
-
Dale Reese -
Reese Commercial Real Estate
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Reliable Auto Tire Company Inc. | 711 Maple Ave
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