273 Asylum St - Office FOR SALE


Hartford, CT 06103- Downtown Hartford
$3,100,000 USD
860-508-2102
273 Asylum St, Hartford, CT for Sale
$3,100,000 USD
Office - FOR SALE
1/30
null | Request Cap Rate

273 Asylum St
Hartford, CT 06103
Downtown Hartford


HIGHLIGHTS

  • One of Hartford's premier redevelopment opportunities!
  • Approved plans are already in place.
  • Great location for multifamily development.

OVERVIEW

Seize the opportunity to reimagine a former high school site into a dynamic residential community in the heart of downtown Hartford. Approved plans are already in place for a 50-unit development featuring 22 studios, 11 studio-plus layouts, and 17 one-bedrooms-perfectly aligned with the growing demand for modern urban living. Market rents are projected at $1,400+ for studios and $1,700+ for one-bedrooms, highlighting the strong income potential. A nearby parking area may also be included, adding valuable convenience for future residents. The location is unmatched-just steps from the PeoplesBank Arena, two blocks from Bushnell Park and City Place, and within walking distance to TheaterWorks, Black Eyed Sally's, Agave, Max Downtown, and more. With easy access to I-91, I-84, and Route 2, connectivity is seamless. Bring your vision and creativity to one of Hartford's premier redevelopment opportunities!

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,331 SF

ZONING

B1

APN/PARCEL ID

HTFD-000245-000334-000062

ASK ABOUT THIS PROPERTY

Lisa CozziThe Cozzi TeamMore Info
860-508-2102

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Lisa CozziThe Cozzi TeamMore Info
860-508-2102

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.