For Sale
$3,200,000

386 Ledyard StHartford, CT 06114

Three leased industrial buildings, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents three industrial buildings totaling approximately 38,000 square feet situated on a 3-acre lot in Hartford, Connecticut. The property, located at 386-400 Ledyard Street, zip code 06114, boasts a strong net operating income (NOI) of $249,452. Built in the 1980s, the buildings feature 16-foot ceiling heights, providing ample vertical space for various industrial uses. Eleven loading docks and three drive-in doors ensure efficient loading and unloading operations. The property also includes ample fenced-in parking for employees and visitors. The buildings are currently leased, providing a stable income stream. The zoning is designated as Industrial, allowing for a wide range of potential uses. The asking price is $3,200,000, representing a compelling 8.61% capitalization rate. This is a rare opportunity to acquire a well-maintained, multi-building industrial portfolio in a desirable location with significant upside potential. The property's strong cash flow and strategic location make it an ideal addition to any investor's portfolio. This offering includes three single-story buildings.

Highlights

  • ±38,000 SF in three industrial buildings on ±3 acres in Hartford, CT.
  • 11 loading docks and 3 drive-in doors.
  • 16' ceiling heights.
  • Ample fenced parking.
  • 8.61% capitalization rate.

Property Details for 386 Ledyard St

Property type
Warehouses, Industrial properties
Square Feet
38,000 SF
Year Built
1980
Buildings
3
Stories
1
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7368242
Longitude
-72.6675365
386 Ledyard St, Hartford, Connecticut

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
386 Ledyard St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message