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Five-Building Flex Space
For Lease
$7 SF/Yr

151 Walnut Street, Hartford, CT 06120

Commercial For Lease, Hartford, CT

Space Size48,500 SF
Lot Size0.70 Acres
Days on Market593

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

Amenities

Heavy power with multiple generator backup systems

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 30 Last Checked: Aug 30 at 11:06PM
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.

This flex property comprises five connected buildings totaling 45,000 square feet, including 17,500 square feet of office area and 31,000 square feet dedicated to warehouse and industrial functions. The improvements date to 1970 and feature heavy power, several generator backup systems, zoned heating and cooling, central air, and electrical and telephone infrastructure. The site also provides 125 parking spaces.

Positioned at the Walnut Street and Edwards Street intersection, the property offers access to I-84, I-91, and Route 2, along with Downtown Hartford and Union Station. Public water and public sewer serve the site, which carries CX-1 zoning.

The connected layout supports multiple subdivision possibilities within the existing office, warehouse, and industrial areas, offering flexibility for users seeking a larger integrated facility or separable sections.

Key Highlights

  • 45,000‑square‑foot property comprising five connected buildings
  • 17,500 SF of office space and 31,000 SF of warehouse/industrial space
  • Heavy power with multiple generator backup systems

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
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

$10.64 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
17,331 SF
Avg Space Size

This space is priced 34% below the average of $10.64 /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.

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Frequently Asked Questions

What type of property is this?
Flex space - Connected office and industrial buildings with backup generation, zoned CX-1 and served by public utilities.
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: 45,000‑square‑foot property comprising five connected buildings; 17,500 SF of office space and 31,000 SF of warehouse/industrial space; Heavy power with multiple generator backup systems
More about this property
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