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    156-162 Franklin Ave Hartford, CT 06114

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    For Lease
    $2,700,000

    Office-style condo with storefront potential, near downtown Hartford.

    Property size:
    3,000 SF
    Lot size:
    0.48 Acres

    Property Features for 156-162 Franklin Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.48 Acres

    Source: Coldwell Banker Realty | South Windsor Agent Alexander Pryor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space Near Downtown

    Located minutes from downtown Hartford at 160-162 Franklin Avenue, this office-style condominium offers a unique rental opportunity in an established neighborhood. The property is zoned MS-2, allowing for a range of commercial uses. Recent upgrades include a newer heating and cooling system and updated lighting. Access to a public restroom is also available. The lower level, which features a garage bay with a separate entrance, is also available for rent. Both levels can function as storefronts, offering flexibility for various business needs. The property is situated near several amenities that drive strong foot traffic and offers excellent visibility. The property has a size of 3000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6766547
    Latitude
    41.7470779

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    FAQs

    What type of property is this?
    Office space - Office-style condo with storefront potential, near downtown Hartford.
    Where is this office space located?
    The property is located at 156-162 Franklin Ave Hartford, CT.
    What are key features of this property?
    This property features: - Prime location, just minutes from Downtown Hartford.; - MS-2 zoning allows for a range of commercial uses.; - Excellent visibility and strong foot traffic ensure business exposure.
    (860) 808-7399
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    Hartford, CT 06114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156-162 Franklin Ave Hartford, CT 06114
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