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Two-Parcel Office Property with Parking

29 Connecticut Boulevard East Hartford, CT 06108

29 Connecticut Boulevard, East Hartford, CT, 06108
$599,900
For Sale
$599,900

COMMERCIAL - East Hartford, CT

Property Size2,403 SF
Lot Size0.22 Acres
Price / SF$249.65
Days on Market47

Property Features for 29 Connecticut Boulevard

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Parking
20
Standard status
Active
Size
2,403 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7007

Utilities

Sewer type
Public Sewer
Heating system
Steam
Water source
Public

Building Details

Year built
1920
Listing Agency Sentry Real Estate
646 Hartford Turnpike, Vernon, CT
Listed by Ben Castonguay · License #REB.0789871
Added: Jun 2 Checked: Jul 18 at 5:06 am
MLS# 24180043

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.

Two separate parcels at 29 and 33 Connecticut Boulevard are being sold together as a combined office property. The offering includes office space totaling 2,403 square feet, and the property is zoned B-1.

The location is described as having ample parking. 29 Connecticut Boulevard is in need of interior renovations, while both parcels are included in the sale.

Key Highlights

  • Two parcels sold together: 29 Connecticut Blvd and 33 Connecticut Blvd (combined list price $599,900)
  • 29 Connecticut Blvd is in need of interior renovations
  • Steam heating

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.9k $27.00
− Vacancy −$15.2k −$6.32
EGI $49.7k $20.68
− OpEx −$12.4k −$5.17
NOI $37.3k $15.51
2,403 SF · lease $27.00/SF/yr · vacancy 23.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$532.5K
$465.9K – $621.2K (±1% cap)
NOI $37,274 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$716.3K
$626.7K – $835.7K (±1% cap)
NOI $50,139 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Royalties HCT Photography Service Sentry Real Estate ... Real Estate Agency

Suggested Use

Electrical Service Parking Lot & Garage Furniture & Home Goods Cafe & Coffee Shop Daycare Center Locksmith Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Office units - Two office parcels are sold together with ample parking; one parcel needs interior renovation.
Where is this office units located?
The property is located at 29 Connecticut Boulevard East Hartford, CT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two parcels sold together: 29 Connecticut Blvd and 33 Connecticut Blvd (combined list price $599,900); 29 Connecticut Blvd is in need of interior renovations; Steam heating
Contact an agent
More about this property
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