745 Burnside Ave - Schools FOR SALE


East Hartford, CT 06108
$1,250,000 USD
860-336-6675
745 Burnside Ave, East Hartford, CT for Sale
$1,250,000 USD
Schools - FOR SALE
1/37
null | Request Cap Rate

745 Burnside Ave
East Hartford, CT 06108


HIGHLIGHTS

  • Two-Building Campus: Over 21,736 GBA across a 2.53-acre site, including a historic office building and a modern educational facility.
  • Flexible Zoning Potential: R-4 zoning allows for senior living or multi-family with town approval; ideal for medical,educational, religious, or offic
  • High Visibility & Traffic: Located on a major East Hartford thoroughfare with 20,000+ vehicles per day and strong surrounding population density.
  • Ample On-Site Parking: Large paved lot provides extensive parking to support a variety of high-occupancy or commercial uses.

OVERVIEW

745 Burnside Avenue in East Hartford, Connecticut offers a rare redevelopment and adaptive reuse opportunity along one of the region’s most visible and heavily traveled corridors. The 2.53-acre site includes two existing buildings totaling approximately 20,944 square feet and benefits from frontage on Burnside Avenue with traffic counts exceeding 20,000 vehicles per day. The property features a front building originally constructed in 1909, configured with multiple offices, a finished attic, and several bathrooms, lending itself to administrative, professional, or specialty service reuse. A second building, constructed in 1988 and renovated in 2000, was previously used for educational purposes and includes classroom-style space, laboratory areas, and common or lounge areas. The dual-building layout supports campus-style occupancy, phased redevelopment, or repositioning for a variety of uses. Located in the Town of East Hartford, postal city East Hartford, the property is zoned R-4 residential. Potential redevelopment concepts may include multi-family housing, institutional facilities, nonprofit or community-serving uses, veterinary or specialty clinical operations, or full site redevelopment, subject to municipal approvals. The surrounding Burnside Avenue corridor supports a mix of retail, service, medical, and civic uses and provides convenient access to Hartford, South Windsor, and regional commuter routes. Approximately 8,000 residents live within a half-mile radius, reinforcing demand drivers for residential and service-oriented development. Estimated 2024 property taxes are approximately $45,000 per owner records.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment / Institutional Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Correctional Facility, Religious Facility, Sorority/Fraternity House

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.35 AC

LAND SF

102,366 SF

ZONING

R4

APN/PARCEL ID

EHAR-000047-000000-000065

ASK ABOUT THIS PROPERTY

Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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Michael CollinsBerkshire Hathaway HomeServices New EnglandMore Info
860-336-6675

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