709 Windsor StHartford, CT 06120

Property Details for 709 Windsor St

Year built

1910

Construction

STEEL FRAME

Lot size

0.98 AC

Property size (Sq ft)

20,199 SF

Zone code

CX-2

Property type

Retail properties

Property subtype

Auto shops

APN

HTFD M:263 B:170 L:076

APU

HTFDM263B170L076

Description

This exceptional 20,000-square-foot retail property, located at 709 Windsor Street in Hartford, Connecticut, presents a rare investment opportunity. Currently configured as an auto repair shop, the building boasts a state-of-the-art paint booth, a lift, compressor, and impressive 40-foot ceilings. Situated on a 0.98-acre lot, the property offers ample parking, accommodating over 250 vehicles both indoors and outdoors, secured within a gated area. Built in 1910, the building is zoned CX-2 and features a single tenancy. The property's prime location offers easy access to major highways and nearby amenities. The established business name, "Windsor Street Auto," and a Connecticut dealer license are available for use by the new tenant, creating a truly turnkey operation. The property's versatile design allows for a wide range of uses, including towing, welding, and storage. A multi-year lease is available, and the owner will consider lease-to-own options and owner financing. This is a remarkable opportunity to acquire a well-established business with significant potential for growth in a high-demand location. The APN is 610948, and the property is located in Hartford County, CT, zip code 06120.

• CAP approach

  CAP return

  Valuation

  6%

  $4,909,062

  6.5%

  $4,531,442

  7%

  $4,207,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,650,788

  Geo Method

  $6,650,788

• Alternative Use

  Use

  Valuation

  Residential

  $3,822,441

  Hospitality

  $3,501,335

  Educational

  $2,913,070

  Medical

  $3,013,255

  Retail

  $4,531,442

Location Insight

City

Hartford

County

Hartford

State

Connecticut

Latitude

41.7866

Longitude

-72.6706

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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