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Hartford Retail Complex For Sale

156-162 Franklin Ave, Hartford, CT 06114

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For Sale

$2,700,000

Diverse retail complex near Hartford Hospital with strong cash flow.

Type:Commercial

Property size:

17,000 SF

Price / SF:

$158/SF

HighLights

High visibility and strong foot traffic in a prime location near Hartford Hospital.
Diverse retail complex with existing tenants including a car wash, grocery store, restaurant, and office space.
Strong cash flow with a current rent roll totaling $16,000 per month.
Recent upgrades including roof improvements, remodeled storefronts, and a repaved rear lot.
Mixed‑use potential due to MS‑2 zoning, with an opportunity to create a fifth retail space.
Excellent transit score (80) and Walker's Paradise score (92).

We can help!

Listing Contact

Alexander Pryor

Learn more

For Sale

$2,700,000

Diverse retail complex near Hartford Hospital with strong cash flow.

Type:Commercial

Property size:

17,000 SF

Price / SF:

$158/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 4:40 pm

Property Features for 156-162 Franklin Ave

General Information

Standard status: Active
Size: 17,000 SF
Property subtype: Commercial

Building Details

Year Built: 1940

We can help!

Listing Contact

Alexander Pryor

Listing agent Alexander Pryor

Listing office Coldwell Banker Realty

Listing date Apr 24, 2026

Source Elliman

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 Coldwell Banker Realty

HighLights

High visibility and strong foot traffic in a prime location near Hartford Hospital.
Diverse retail complex with existing tenants including a car wash, grocery store, restaurant, and office space.
Strong cash flow with a current rent roll totaling $16,000 per month.
Recent upgrades including roof improvements, remodeled storefronts, and a repaved rear lot.
Mixed‑use potential due to MS‑2 zoning, with an opportunity to create a fifth retail space.
Excellent transit score (80) and Walker's Paradise score (92).

Overview

Located minutes from Hartford Hospital, 156-162 Franklin Avenue is a retail complex spanning over 17,000 square feet. The property benefits from high visibility, strong foot traffic, and off-street parking. It features a mix of commercial units, including a car wash, grocery store, restaurant, and office space, offering convenient one-stop shopping for consumers and businesses. Recent upgrades include roof improvements, remodeled storefronts, and a repaved rear lot. The building also features natural gas heating. The current rent roll includes a two-story office building at $7,000 per month, a mini-mart at $3,000 per month, a seafood restaurant at $3,000 per month, and a car wash paying $3,000 per month. Zoned MS-2, the property offers mixed-use potential, and the first floor of the office building presents an opportunity to expand and create a fifth retail space. The location is considered a Walker's Paradise with a score of 92, has Excellent Transit with a score of 80, and is Bikeable with a score of 59.

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Location Insight

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Local Demand

City: Hartford
County: Hartford
State: Connecticut
Longitude: -72.6766547
Latitude: 41.7470779

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For sale
Shopping centers
CT
Hartford
06114
156-162 Franklin Ave

What type of property is this?

Shopping center - Diverse retail complex near Hartford Hospital with strong cash flow.

Where is this shopping center located?

The property is located at 156-162 Franklin Ave Hartford, CT.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: High visibility and strong foot traffic in a prime location near Hartford Hospital.; Diverse retail complex with existing tenants including a car wash, grocery store, restaurant, and office space.; Strong cash flow with a current rent roll totaling $16,000 per month.