70 Meadow StHartford, CT 06114

Property Details for 70 Meadow St

Year built

1970

Construction

STEEL FRAME

Lot size

1.18 AC

Property size (Sq ft)

27,936 SF

Zone code

ID-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

HTFD M:274 B:689 L:079

APU

HTFDM274B689L079

Description

This ±27,600 square foot industrial building is available for sale at $1,656,000, offering a flexible space ideal for various uses. Located at 70-150 Meadow Street, Hartford, CT 06114, this single-story, 1970-built structure sits on a 1.18-acre lot and is zoned ID-1. The property features approximately 2,000 square feet of air-conditioned office space, complementing the expansive warehouse area. Loading and unloading is facilitated by one 8'x8' loading dock and one 10'x12' drive-in door. The building boasts a 14-foot ceiling height, providing ample vertical space. Its strategic location offers easy access to major transportation arteries, including I-91, I-84, Route 2, and the Berlin Turnpike, placing it within a half-mile of Airport Road. This makes it an excellent location for sales, distribution, and other businesses requiring convenient access to transportation networks. The asking price is $60 per square foot. This property presents a compelling opportunity for businesses seeking a well-located, functional industrial space in Hartford, Connecticut.

• CAP approach

  CAP return

  Valuation

  6%

  $6,789,423

  6.5%

  $6,267,160

  7%

  $5,819,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,198,297

  Geo Method

  $9,198,297

• Alternative Use

  Use

  Valuation

  Residential

  $5,286,584

  Hospitality

  $4,842,482

  Educational

  $4,028,888

  Medical

  $4,167,448

  Retail

  $6,267,160

Location Insight

City

Hartford

County

Hartford

State

Connecticut

Latitude

41.7445

Longitude

-72.6697

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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