641-651 Maple Ave - Office FOR SALE


Hartford, CT 06114- Barry Square
$1,995,000 USD
641-651 Maple Ave, Hartford, CT for Sale
$1,995,000 USD
Office - FOR SALE
1/25
null | 7.69% Cap Rate

641-651 Maple Ave
Hartford, CT 06114
Barry Square


HIGHLIGHTS

  • Strong Tenant Base
  • On site parking
  • New roof and new HVAC units

OVERVIEW

Located in Hartford's South end, this 25,000 squre foot retail/office building has a very solid tenant base and on site parking with 25+ parking spaces. The anchor tenants include the United States Post Office, H&R Block and the Hartford Health Collective. The two national tenants have been in place for many years. The Collective is in the process of building out their new space and it is anticipated they will also be long term tenants. A new roof was installed on the building in 2024 and all units have new HVAC systems with the exception of the Barber Shop which uses tenant paid electric heat. There is one vacanty space on the second level that is approximately 3500 square feet. The building has an elevator to access the second floor. WIth very strong income, reasonable expenses and limited need for capital improvements, this investment is a solid one.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B4

APN/PARCEL ID

HTFD-000230-000650-000099

ASK ABOUT THIS PROPERTY

Evan BermanBroder CommercialMore Info

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

Evan BermanBroder CommercialMore Info

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