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Freestanding Office Building in Hartford
For Lease
$690,000

131 Oak Street, Hartford, CT 06106

Two-story office building with parking in downtown Hartford, CT.

Space SizeContact for details
Lot Size0.30 Acres
Days on Market149

Property Features for 131 Oak Street

General Information

Standard status Active
Lot size 0.30 Acres
Property subtype Office
Listing Agency: CBRE - Stamford
Listed By: Gary Schless · License #RES.0758685
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 20 at 12:39PM

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 CBRE - Stamford

Investment Insights

Based on property information with market context.

This two-story office building, constructed in 1982, is available for sale or lease. The property is situated on a 0.30-acre fenced corner lot and features high-end finishes. It offers convenient access to I-84 and I-91. The building benefits from abundant natural light. Parking is available with 15 spaces on-site and an additional 20 spaces located across the street at 13 Grand St. Currently occupied by a law firm, the property is located in downtown Hartford, CT.

Key Highlights

  • Excellent highway access to I‑84 and I‑91.
  • On‑site parking with 15 spaces, and 20 additional spaces across the street.
  • High‑end finishes throughout.

Property Analytics

Current Use

RisCassi & Davis P.C. Law Firm Brendan J. Faulkner Law Firm William R. Davis Law Firm The Law Firm of Andrew ... Law Firm

Suggested Use

Top Pick Electrical Service Veterinary Clinic Storage Facility Locksmith Pet Store & Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,932
Businesses Nearby

Demographics for 06106, CT

38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
Median Home Value

Market

Lease Benchmarks for Hartford, CT

$14.67 /SF/Yr
Avg Asking Price
$7–$23 /SF/Yr
Price Range
33,111 SF
Avg Space Size

Vacancy Rate% for Office in Hartford, CT

16.7% 2019
17% 2020
21.4% 2021
25.4% 2022
25.5% 2023
23% 2024
20.4% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with parking in downtown Hartford, CT.
Where is this office building located?
The property is located at 131 Oak Street Hartford, CT.
What is the lease rate?
The lease rate is $690,000.
What are key features of this property?
This property features: Excellent highway access to I‑84 and I‑91.; On‑site parking with 15 spaces, and 20 additional spaces across the street.; High‑end finishes throughout.
More about this property
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