385 New Park Ave - Auto Repair FOR SALE


Hartford, CT 06106- Parkville
$1,700,000 USD
860-333-3242
385 New Park Ave, Hartford, CT for Sale
$1,700,000 USD
Auto Repair - FOR SALE
1/56
null | Request Cap Rate

385 New Park Ave
Hartford, CT 06106
Parkville


OVERVIEW

Berkshire Hathaway is pleased to offer for sale 385 New Park Ave, a retail property perfectly located in a high-traffic intersection on the border between Hartford and West Hartford, CT. The property is currently occupied by New Park Avenue Auto Sales and Repair. The subject property sits on 0.31 acres, was built in 1935, and consists of approximately 1,620 SF. The building has ample parking with 30 total spaces, as well as 5 curb cutouts that allow for through traffic across the property, perfect for a drive-thru window. -- Situated directly on New Park Avenue with immediate proximity to the CTFastrak Busway, providing efficient public transit links. -- Located near Interstate 84, offering rapid access to the broader Hartford metropolitan area. -- Surrounded by a mix of high-traffic retailers, including The Home Depot, Walmart Supercenter, Chick-Fil-A, Dunkin Donuts, etc. -- The site has a proven 30-year track record for automotive use, benefiting from the area's high density of similar commercial services. -- Part of the active Parkville neighborhood, which is seeing continued interest for multifamily residential development and mixed-use revitalization. -- Frontage on New Park Avenue ensures constant exposure to local traffic and pedestrians.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$1,207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

CROSS STREETS

Prospect Avenue

LAND ACRES

0.31 AC

LAND SF

13,503 SF

ZONING

B3

APN/PARCEL ID

HTFD-000116-000474-000010

ASK ABOUT THIS PROPERTY

Kyle SchraderCTRE dba BHHS NE Westchester PropertiesMore Info
860-333-3242

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Kyle SchraderCTRE dba BHHS NE Westchester PropertiesMore Info
860-333-3242

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