621 Farmington Avenue

commercial

621 Farmington Avenue

Hartford, Connecticut 6105

Price

$925,000

Price/SF

$40.11/SF

Building Size

23,064 SF

Lot Size

0.60 acres

Year Built

1964

Units

29

Property Description

Exceptional redevelopment opportunity in Hartford's desirable West End. This 23,064 SF, two-story office building presents outstanding potential for an office-to-multifamily conversion. The property was previously approved for a 29-unit apartment conversion, providing a significant head start for developers. The approved unit mix consisted of 27 one-bedroom apartments with projected rents of approximately $1,300 per month and 2 two-bedroom apartments with projected rents of approximately $1,500 per month. Situated on approximately 0.60 acres with ample off-street parking (roughly 30+ spaces), the property is ideally positioned for investors seeking to capitalize on Hartford's continued demand for quality rental housing. Redevelopment opportunities of this scale and location are increasingly difficult to find, making this an exceptional value-add development opportunity. The property offers a substantial footprint, flexible floor plan, and a prominent location along Farmington Avenue with convenient access to Downtown Hartford, West Hartford Center, major highways, public transportation, hospitals, and major employers.

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621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue
621 Farmington Avenue

Additional Details

Zoning

MX-1

MLS Number

24197157

Property ID

8ef2e0a3-552b-4ef0-9405-8969fed81056

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MLS Information

MLS#: 24197157

Listed by: Oxford Realty

Agent: Amanda Faroni-Sheehan • (203) 314-4219 • amanda@oxfordrealtyco.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.