20-28 Sargeant St
Hartford, CT 06105
Asylum Hill
HIGHLIGHTS
- Fully approved self-storage conversion with site plan approval and special permit already secured.
- Opportunity Zone location within Hartford Census Tract 5246, designated through December 31, 2028.
- Existing NNN office tenancy generates approximately $400,000 annually in-place income.
- Approved for 996+ storage units with expansion potential to approximately 120,000 NRSF at full buildout.
- Existing office occupancy satisfies the City's non-storage use requirement while supporting lease-up.
- Features six loading docks, dual drive-in garage access, and 164 parking spaces.
OVERVIEW
A rare chance to acquire a fully entitled, income-producing storage conversion inside a federal Opportunity Zone. All heavy lifting — zoning, special permit, site plan — is done. Phase 1–2 delivers 91,708 NRSF across 996+ units, expandable to ±120,000 NRSF, while existing office income funds the ride.
FOR SALE DETAILS
PRICE
$4,500,000 USD
PRICE/SF
$38 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FULLY APPROVED SELF-STORAGE CONVERSION
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
R&D
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1900
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
4
DRIVE INS
1
PARKING SPACES
185
LAND DETAILS
LAND ACRES
3.63
LAND SF
158,123
ZONING
CX-1
APN/PARCEL ID
HTFD-000199-000265-000104
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860-798-4402
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860-798-4402
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