Published on: Thursday, July 11, 2024
Updated on: Thursday, November 21, 2024
 Share  Tweet
About the Lister
User Profile Image
Name: Lisa Cozzi
Company: Berkshire Hathaway New England Properties
Office Phone: 860-508-2102
Cell Phone: 860-508-2102
Provide Your Service
Financing  Business  Material
  Commercial Property
273 Asylum St Central Connecticut , 06103
273 Asylum St Central Connecticut                                                                                         , 06103Berkshire Hathaway New England Properties
Listing ID: CL-Connecticut-10905

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Connecticut-10905
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1920
Building Size: 35,277.00 SqFt
Lot Size: 35,277.00 SqFt.
No of Stories: N/A
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
Welcome to an unparalleled opportunity in the heart of downtown Hartford.
Complete Details
Year Build: 1920
Building Size: 35,277
No of Stories: N/A
Total Lot Area: 35277 SqFt.
No of Parking: N/A
No of Total Units: 50
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Welcome to an unparalleled opportunity in the heart of downtown Hartford-an exceptional chance to spearhead the development of a residential haven in an enviable location! Embraced by the city's vibrant pulse, this former high school site stands primed for transformation, boasting approved plans for a residential complex featuring 50 units. Among these are 22 studios, 11 studio pluses offering enhanced living space, and 17 one-bedroom apartments. With the City of Hartford's seal of approval, this canvas of possibility awaits the visionary buyer seeking to redefine urban living. Commanding impressive market rents of $1,400 for studios and $1,700 for one-bedroom dwellings, the potential for lucrative returns is undeniable. Furthermore, there is opportunity to include a small parking area nearby with the purchase. Situated at the center of downtown's bustling landscape, this property offers unrivaled proximity to iconic landmarks and entertainment venues. Just a stone's throw away from the XL Center and a mere two blocks from Bushnell Park and City Place, residents will revel in a lifestyle of convenience and excitement. Immerse yourself in the cultural tapestry of the city with TheaterWorks mere steps away, while an array of esteemed dining establishments and nightlife hotspots beckon within walking distance, including Black Eyed Sally's, Agave, and Max Downtown.
Additional Properties
Property Other Use
  • approved plans for a residential complex featuring 50 units.
Listing Location
Lister's other Properties
Address: 78 Everett St , Southbridge Massachusetts 01550
Listing ID: RL-Massachusetts-129
Listing Type: Residential
Category: Residential Type - Multifamily
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
listing image
Address: 25 Adenas Walk #25, Glastonbury, CT 06033 , Glastonbury Connecticut 06033
Listing ID: RL-Connecticut-12925
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
listing image
Address: 58 Post Road, Fairfield, CT 06824 , Fairfield Connecticut 06824
Listing ID: CL-Connecticut-12924
Listing Type: Commercial
Category: Retail - Mixed Use
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
listing image
Address: 732 Silas Deane Highway , Wethersfield Connecticut 06109
Listing ID: BZ-Connecticut-12918
Listing Type: Business
Category: Retail - Grocery
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
listing image
Address: 278 Priscilla Street , Bridgeport Connecticut 06610
Listing ID: CL-Connecticut-12915
Listing Type: Commercial
Category: Multifamily - Other
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
listing image