Versatile Commercial Property, High
110 Main Street East Hartford, CT 06118
110 Main Street, East Hartford, CT, 06118
$549,900
For Sale
$549,900
Income-producing property with high visibility and development potential.
Property Size2,922 SF
Lot Size0.70 Acres
Price / SF$188.19
Days on Market118
Property Features for 110 Main Street
General Information
- Standard status
- Active
- Size
- 2,922 SF
- Lot size
- 0.70 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1875
Listing Agency
eXp Realty
(866) 828-3951
Listed by
MICHAEL TRUONG · License #RES.0794690
Source
Corcoran
Added: Mar 23 Checked: Jul 17 at 3:06 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
Located on Main St in East Hartford, this commercial property offers an investment and business opportunity along a high visibility corridor. The property is zoned commercial, supporting a range of uses including office, retail, residential income, or professional services such as medical, legal, accounting, insurance, or real estate. Currently, the property is configured as a high performing income property, featuring 3 separate rental units operating as a rooming house with a total of 6 bedrooms, 3 kitchens, and 3 full bathrooms. The property has a strong NOI of $49,278 and a 9% cap rate. Extensively updated in 2023, the 2,922 square foot property offers modernized interiors while maintaining flexible layout options to suit both investors and owner-users. The property benefits from exceptional exposure with very high daily traffic counts, ideal for business front signage and visibility. A private parking lot with approximately 20 spaces adds convenience for tenants, clients, and customers. Located just minutes from downtown Hartford, with easy access to I-84, I-91, and Rt-2, this property offers accessibility and strategic positioning.
Key Highlights
- High‑performing income property with a strong NOI of $49,278 and a 9% cap rate, offering immediate cash flow.
- Prime commercial zoning allows for a wide range of uses: office, retail, residential income, or professional services.
- Exceptional exposure with very high daily traffic counts, ideal for business visibility and signage.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.9k | $27.00 |
| − Vacancy | −$18.5k | −$6.32 |
| EGI | $60.4k | $20.68 |
| − OpEx | −$15.1k | −$5.17 |
| NOI | $45.3k | $15.51 |
2,922 SF · lease $27.00/SF/yr · vacancy 23.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$647.5K
$566.6K – $755.4K
NOI $45,325 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$563.2K
$492.8K – $657.0K
NOI $39,422 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$871.0K
$762.1K – $1.02M
NOI $60,968 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Danyliw Joseph MD
Physician
Dr. Anil K. ...
Physician
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FAQs
What type of property is this?
Mixed-use property - Income-producing property with high visibility and development potential.
Where is this mixed-use property located?
The property is located at 110 Main Street East Hartford, CT.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: High‑performing income property with a strong NOI of $49,278 and a 9% cap rate, offering immediate cash flow.; Prime commercial zoning allows for a wide range of uses: office, retail, residential income, or professional services.; Exceptional exposure with very high daily traffic counts, ideal for business visibility and signage.
