1 Main StHartford, CT 06106

Property Details for 1 Main St

Year built

2011

Construction

STEEL FRAME

Lot size

0.50 AC

Property size (Sq ft)

2,820 SF

Zone code

B-1

Property type

Showrooms

APN

EHAR M:29 L:56/PT-8473

APU

EHARM29L56PT8473

Description

This exceptional 6,936 square foot commercial property at 1 Main Street in Hartford, CT, presents a rare opportunity for discerning investors. The building boasts a striking brick exterior, blending historical charm with modern functionality, making it ideal for a diverse range of businesses. Its classic architecture and inviting facade create a strong visual presence, ensuring high visibility and attracting potential customers. The spacious interior, spread across multiple floors, offers flexible layouts to accommodate various needs, from retail spaces and professional offices to creative studios. Large windows throughout maximize natural light, creating a bright and inviting atmosphere. Situated in the heart of downtown Hartford, this property benefits from exceptional foot traffic and proximity to numerous amenities, including restaurants, cafes, and essential services. The vibrant downtown area also offers easy access to cultural attractions, financial institutions, and a thriving community. Convenient public transportation options further enhance accessibility for employees and visitors. This is a truly unique opportunity to own a piece of Hartford's dynamic commercial landscape. The asking price is $324,900. The property sits on a 0-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $685,358

  6.5%

  $632,639

  7%

  $587,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $928,522

  Geo Method

  $928,522

• Alternative Use

  Use

  Valuation

  Residential

  $533,654

  Hospitality

  $488,824

  Educational

  $406,696

  Medical

  $420,683

  Retail

  $632,639

Location Insight

City

East Hartford

County

Hartford

State

Connecticut

Latitude

41.7275

Longitude

-72.6166

CBSA code

25540

CBSA name

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

Property Tax & Assessments

FAQs

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