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Auto Repair Building with Dealer License

317-330 Main St, East Hartford, CT 06118

For Sale
Contact for pricing

Established automotive property with a fenced surface lot, public utilities, and Business Zone B2 zoning.

Property Size2,000 SF
Lot Size0.83 Acres
Price / SF$267.50
Days on Market101

Property Features for 317-330 Main St

General Information

Standard status Active
Size 2,000 SF
Lot size 0.83 Acres
Property subtype INDUSTRIAL
Zoning Business Zone (B2)

Financials

Asking Price $535,000
Business Included Yes

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Building Details

Buildings 1
Listing Agency: CBRE | Hartford
Listed By: Kyle Roberts · License CT RES.0787102
Source: Moodyscre
Added: Aug 6 Changed: Nov 10 Last Checked: Nov 12 at 10:37AM

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 | Hartford

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This automotive property includes an auto repair building, a fenced lot with paved and graveled areas, and an active Dealer’s License included in the sale. The site has supported auto repair, used vehicle sales, and towing operations for decades.

The property is located on Main Street in East Hartford and is served by public utilities. Business Zone B2 zoning and the existing automotive-oriented improvements provide a documented framework for continued commercial use. Tow trucks are available separately from the sale.

Key Highlights

  • Active Dealer’s License included in the sale
  • Auto repair building with a fenced paved/graveled lot
  • Business Zone (B2) zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,604
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,080 $452.1K
Cap Rate 7%
$322,914 $322.9K
Cap Rate 9%
$251,156 $251.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$3.7K −$1.85/SF
EGI
$32.3K $16.15/SF
− OpEx
−$9.7K −$4.84/SF
NOI
$22.6K $11.30/SF
Area
Hartford, CT
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,080
Cap Rate 7%
$322,914
Cap Rate 9%
$251,156

Alternative Uses

Best Use
Retail
$322.9K
$282.6K – $376.7K (±1% cap)
NOI $22,604 @ 7.0% cap · market cap 4.23%
Second Best
Industrial
$322.1K
$281.8K – $375.7K (±1% cap)
NOI $22,544 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$596.1K
$521.6K – $695.5K (±1% cap)
NOI $41,730 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Auto Parts Store Parking Lot & Garage Locksmith Grocery & Convenience 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

Turnkey business
Opportunity
Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
5,284 visits/mo 0.2 miles

Demographics for 06118, CT

26,844
Population
11,656
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,712
Density / Sq Mi
$75,523
Median Household Income
$40,595
Median Earnings
$1,259
Median Rent
$213,200
Median Home Value

Market

Average Price Trend$/SF for Auto shops in Hartford County, CT

$373 Jul
$327 Aug
$195 Sep
$185 Oct

Properties on Market for Auto shops in Hartford County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • B & D Automotive Inc — 509 Main St, Newington, CT 06111
  • Newington Junction Properties Inc — 120 Willard Ave, Newington, CT 06111
  • customs & classics of ct inc. classic & muscle car restoration, repair — 184 Day St, Newington, CT 06111
  • West Hill AutomotiveTruck & Trailer Services Inc. — 120 Willard Ave, Newington, CT 06111
  • The Mirabelli Companies — 182 day st, newington, ct 06111

Frequently Asked Questions

What type of property is this?
Auto shop - Established automotive property with a fenced surface lot, public utilities, and Business Zone B2 zoning.
Where is this auto shop located?
The property is located at 317-330 Main St East Hartford, CT.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Active Dealer’s License included in the sale; Auto repair building with a fenced paved/graveled lot; Business Zone (B2) zoning
(860) 987-4730 · Office Call to check price and availability
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