For Sale
Call for price

60 Gillett StHartford, CT 06105

Prime Hartford investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Hartford, CT investment portfolio comprises three properties located on Gillett Street, offering significant potential for high returns. The centerpiece is 60 Gillett Street, a five-story, 28,847 square foot office building situated on approximately 0.62 acres. Currently undergoing rezoning for conversion into a 45-unit apartment complex (pending city approval), this project will include approximately 13 studio and 32 one-bedroom units, and a full basement. The building features an elevator and 46 surface parking spaces. Complementing this is 81 Gillett Street, a three-story, 15,100 square foot free-standing medical office building on approximately 0.35 acres. This fully sprinklered building includes one elevator, 20 covered and 20 surface parking spaces. Pending city approval, it is proposed for rezoning and expansion into a 42-unit apartment complex with an additional story. Finally, 83 Gillett Street provides an additional parking lot currently supporting 81 Gillett, with plans for an additional 72 apartment units. This portfolio presents a unique opportunity to capitalize on the growing demand for residential properties in Hartford, with the potential for substantial returns through both immediate income generation and future development. The properties are strategically located near St. Francis Hospital and other medical facilities, further enhancing their appeal and investment potential. All properties are located in Hartford, CT, zip code 06105.

Highlights

  • Three-property Hartford, CT investment portfolio on Gillett Street with high return potential.
  • 60 Gillett Street: Five-story, 28,847 SF office building on 0.62 acres, proposed for conversion to a 45-unit apartment complex (pending approval). Includes elevator and 46 parking spaces.
  • 81 Gillett Street: Three-story, 15,100 SF medical office building on 0.35 acres, proposed for expansion into a 42-unit apartment complex (pending approval). Includes elevator and 40 parking spaces.
  • 83 Gillett Street: Parking lot supporting 81 Gillett Street, with plans for an additional 72 apartment units.

Property Details for 60 Gillett St

Property type
Retail properties, Office properties

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7697115
Longitude
-72.6994287
60 Gillett 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].
60 Gillett 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