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Flex Space with Generator Backup Power
For Lease
$7 SF/Yr

151 Walnut Street, Hartford, CT 06120

COMMERCIAL - Hartford, CT

Space SizeContact for details
Property Size48,500 SF
Lot Size0.70 Acres
Days on Market575

Property Features for 151 Walnut Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning CX-1
Lot features Corner Lot, Sloping Lot
Directions I-91/I-84 to Walnut St. property wraps around the corner of Walnut St and Edwards St, entrance through the gates on Walnut St.
Subdivision Downtown
Standard status Active
Size 45,000 SF
Lot size 0.70 Acres

Utilities

Sewer type Public Sewer
Heating system Zoned, Other (Heating)
Cooling system Central Air, Zoned
Water source Public

Building Details

Year built 1970
Listing Agency: Real Estate Advisory Group LLC
Listed By: Teodora Rotaru · License #RES.0800401
Added: Jan 14, 2025 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# 24068724

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Flex space consisting of five connected buildings at the Walnut Street and Edwards Street intersection, totaling 45,000 SF. The campus includes 17,500 SF of office space and 31,000 SF of warehouse/industrial space, with heavy power and multiple generator backup systems. Significant improvements have been made to electrical and telephone features.

The site includes 125 parking spaces and sits on a 0.7-acre lot. Heating is zoned, and cooling includes central air. Built in 1970, the property is served by public water and public sewer.

Access is highlighted by close proximity to I-84, I-91, and Route 2, as well as Downtown Hartford and Union Station. The area also includes a proposed 1,000,000 SF mixed-use project in the Downtown North/West development district.

Key Highlights

  • Five connected buildings with 17,500 SF office and 31,000 SF warehouse/industrial
  • Heavy power with multiple generator backup systems plus enhanced electrical and telephone features
  • 125 parking spaces on a 0.7‑acre lot

Property Analytics

Current Use

Winners Chapel International ... Church Winners Chapel Int'l ... Church Brighter Hartford Headlight ... Auto Repair Shop

Suggested Use

Top Pick Spa & Massage Center Real Estate Agency Storage Facility Auto Parts Store Furniture & Home Goods Nail Salon

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

Yes
Heavy power
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,432
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06120, CT

12,636
Population
5,713
Households
2.2
Avg Household Size
32
Median Age
9%
College-Educated
73%
High-School Grad
3.5 sq mi
ZIP Area
3,610
Density / Sq Mi
$33,521
Median Household Income
$35,570
Median Earnings
$1,183
Median Rent
$183,000
Median Home Value

Market

Lease Benchmarks for Hartford, CT

$9.07 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
20,088 SF
Avg Space Size

This space is priced 23% below the average of $9.07 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - CX-1 flex campus with multiple generator backup systems, central air, and public water and sewer.
Where is this flex space located?
The property is located at 151 Walnut Street Hartford, CT.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Five connected buildings with 17,500 SF office and 31,000 SF warehouse/industrial; Heavy power with multiple generator backup systems plus enhanced electrical and telephone features; 125 parking spaces on a 0.7‑acre lot
More about this property
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