Price Reduced 8.82%
Listing courtesy of Stephanie Ossowski (860) 336-9290, Dave Jones Realty, LLC (203) 758-0264
Price History
$1,700,000
3/16/2026
$1,600,000
4/28/2026
$1,550,000
5/23/2026
631 Farmington Avenue, Hartford, CT, 06105
0 beds
1960
25,298 sqft
Attention investors! This turnkey commercial office building presents an excellent opportunity for those looking to expand their portfolio with stabilized rental income. Fully leased until 2030 with two long term tenants. Larger unit has occupied the building 35+ years, and the second tenant has been there 15+ years. Leases increase annually by 2.5%. Close to West Hartford, this property is situated in Hartford's West End, with easy highway access and public transit. Substantial upgrades include energy efficient lighting, new fire alarm system, new RTU systems, new water heater (2026), updated restrooms, and a complete renovation of the second floor. Ample parking (50+ spaces) located on the front, side, and rear of the building. The partially finished basement offers potential to further maximize rental revenue. With minimal owner responsibility, this property would be ideal for a 1031 exchange, those looking to add to their commercial portfolio, or for the newer investor looking to get into commercial real estate. Detailed expense sheet available upon request.
Status:
Active
Type:
Commercial
Units:
2
Zoning:
MX-1
Frontage:
Municipal Street,Paved Road
Garage:
Paved, Parking Lot
Heating:
Hot Air
Cooling:
Central Air
Parking:
50-car
Acreage:
0.78
Est. Taxes:
$65,211
Assessment
$945,770
Current Use
Office
Utilities
Electric,Gas,Telephone,Cable
Lot Description:
Level Lot
Days on Market:
73
MLS #:
24160127
Community Info
School Info
Walk Score
Mass Transit
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