Published on: Thursday, July 11, 2024
Updated on: Thursday, July 11, 2024
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About the Lister
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Name: Lisa Cozzi
Company: Berkshire Hathaway New England Properties
Office Phone: 860-508-2102
Cell Phone: 860-508-2102
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Financing  Business  Material
  Commercial Property
19-33 Lafayette St Hartford Connecticut , 06106
19-33 Lafayette St Hartford Connecticut                                                                                         , 06106Berkshire Hathaway New England Properties
Listing ID: CL-Connecticut-10898

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Connecticut-10898
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1925
Building Size: 27,000.00 SqFt
Lot Size: 27,000.00 SqFt.
No of Stories: 2
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
RARE! Large (~27,000 Sq Ft) brick building industrial space in Downtown Hartford.
Complete Details
Year Build: 1925
Building Size: 27,000 SqFt.
No of Stories: 2
Total Lot Area: 27000 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
RARE! Large (~27,000 Sq Ft) brick building industrial space in Downtown Hartford. Blocks away from Parkville Market, Hartford Hospital, Superior Courts, The Capitol, The Bushnell and MORE! The asset has 2 full floors + basement. The basement provides ample storage and mechanicals. The first floor is currently being used as a workshop, office, showroom and storage/inventory area for an active HVAC/AC company. A large freight elevator or stairwell brings you up to the massive 2nd floor with mostly open space (some partitioned off rooms) and ample natural light. One small portion of this floor is also being rented by an artist monthly as a space to create their artwork. There are multiple opportunities to take this asset to the next level. Seller ideally would like to sell the HVAC business (and all current product/inventory) with the real estate and is open to mentoring the new owner to ensure smooth transition. They are also open to a leaseback option. Finally, a savvy investor can take the asset and redevelop or level and build out a new asset in its place. The opportunities are endless!
Additional Properties
Property Other Use
  • The first floor is currently being used as a workshop, office, showroom and storage
Listing Location
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