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$ 1,400,000
Est. payment | /mo
6 Baths
18,502 SqFt
$ 1,400,000
Est. payment | /mo
6 Baths
18,502 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 18,502 sqft
Price per Sqft $75
MLS Listing ID 24121857
Half Baths 6
Year Built 1971
Annual Tax Amount $14,965
Lot Size 0.730 Acres
Property Description
Prime office property located on Burnside Avenue in East Hartford. This well-maintained 18,000 square foot building is fully occupied and generating a Net Operating Income of $121,000 annually. Parking for approximately 90 vehicles. Possible seller financing available with an 8.6% cap rate and 9.5% cash-on-cash return. Excellent visibility and convenient East Hartford location. Space could be made available for an owner/occupant This is a strong investment opportunity with steady income and flexible ownership options.
Location
State CT
County Hartford
Zoning B-2
Interior
Heating Hot Air
Cooling Central Air
Exterior
Exterior Feature Sidewalk, Pole Sign
Parking Features Paved, Off Street Parking
Utilities Available Electric, Gas
Roof Type Flat,Membrane
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by John Zubretsky Jr. • Century 21 AllPoints Realty
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Andrei Balaj & Camilo Ramirez
Real Estate Agent | Lic# Licensed in Connecticut