41 Hillside AveHartford, CT 06106

Property Details for 41 Hillside Ave

Year built

1945

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

3,589 SF

Zone code

NX-2

Property type

Retail properties

Property subtype

Auto shops

APN

HTFD M:183 B:501 L:035

APU

HTFDM183B501L035

Description

This exceptional opportunity presents a well-established tire shop in Hartford, Connecticut, ideally situated on Hillside Avenue. The 3,589 square foot building sits on a 0.12-acre lot, benefiting from high visibility and traffic volume, ensuring a consistent customer flow. The business boasts a proven track record of strong cash flow, offering immediate returns for the new owner. Financial records demonstrate consistent profitability, with potential for further growth through extended operating hours or service expansion. The sale includes all necessary equipment and inventory, making this a truly turnkey operation. The established reputation for quality service and reliability within the community provides a solid foundation for continued success. This is a rare chance to acquire a profitable, established business in a prime location, ready for immediate operation. The asking price for this exceptional opportunity is $550,000. The seller prefers to sell this listing as a package with listing number 24057321.

• CAP approach

  CAP return

  Valuation

  6%

  $872,252

  6.5%

  $805,156

  7%

  $747,645

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,181,726

  Geo Method

  $1,181,726

• Alternative Use

  Use

  Valuation

  Residential

  $679,179

  Hospitality

  $622,124

  Educational

  $517,600

  Medical

  $535,401

  Retail

  $805,156

Location Insight

City

Hartford

County

Hartford

State

Connecticut

Latitude

41.7527

Longitude

-72.6978

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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