About 156 Franklin Avenue
Welcome to 156-162 Franklin Ave. A potential retail corridor located minutes away from Dunkin Donuts Park. This diverse retail complex provides a one-stop shopping for both consumers and businesses. The property features a mix of commercial units, including a car wash, grocery store, restaurant, and office space. Key Features Include: Total Building Size: Over 17,000 square feet. Prime Location with high visibility and strong foot traffic, ideal for retailers and customers alike. Off-street parking with spaces for tenants & visitors. Accessible retail spaces with upgrades to roof including remodeled storefronts and repaved rear lot. Highlights include natural gas heating. The Cap is over 5 with low operating expenses. The rent roll consists of the following: 2 Story Office Building: $6,500/month. Mini Mart: $3,000/month. Seafood Restaurant: $2,500/month. Car Wash pays $2,500. Property is zoned for Ms-2 with "mix use" potential. First floor of the office building has potential to expand for a fifth retail space. Excellent portfolio for an investor looking to cash flow and own a staple retail complex in a vastly growing neighborhood.
Features of 156 Franklin Avenue
| MLS® # | 24073224 |
|---|---|
| Price | $2,700,000 |
| Square Footage | 21,101 |
| Square Footage | Public Records |
| Acres | 0.48 |
| Type | Commercial For Sale |
| Status | Active |
Community Information
| Address | 156 Franklin Avenue |
|---|---|
| Area | Barry Square |
| City | Hartford |
| County | Hartford |
| State | Connecticut |
| Zip Code | 06114 |
Amenities
| Utilities | Gas |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Window Display |
|---|---|
| Heating | Hot Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Exterior Features | Storage Building, Lighting, Loading Dock/Grade |
|---|---|
| Lot Description | Dry, Level Lot |
| Roof | Flat, Tar/Gravel |
| Foundation | Concrete |
Additional Information
| Date Listed | February 6th, 2025 |
|---|---|
| Days on Market | 243 |
| Zoning | MS-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|
