Property profile

135 Walnut St Hartford, CT 06120

OFF-MARKET
Showrooms
Property ID
US15-1306551
5,657 SF 0.37 ac lot Built 1920
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Hartford, CT office property, located at 135 Walnut St, zip code 06120, offers a range of flexible office spaces ideal for businesses seeking a prominent location. The property, classified as Class B, comprises five interconnected buildings situated at the strategic intersection of Walnut and Edwards Streets. Available space ranges from a minimum of 1,500 square feet to a maximum contiguous space of 31,000 square feet, with a total of 48,000 square feet currently vacant. The property features substantial upgrades to its electrical and telephone systems, ensuring modern communication and power capabilities. A significant advantage is the robust power infrastructure, further enhanced by multiple generator backup systems, providing reliable operation even during power outages. Ample parking is available with 125 spaces on-site. The location provides unparalleled access to major transportation arteries, including I-84, I-91, and Route 2, as well as proximity to Downtown Hartford, Union Station, the new baseball stadium, and the planned 1,000,000 square foot mixed-use development in the Downtown North/West district. This development promises to significantly enhance the area's appeal and accessibility. The property is suitable for executive office and creative office tenants, and offers a blend of traditional office space. The property's Asset Property Number (APN) is 222274043, located in Hartford County.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1920
Construction FRAME
Total area 5,657 SF
Lot 0.37 ac (16,091 SF)
Zoning code CX-1
APN HTFD M:222 B:274 L:041
UPID US15-1306551

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

135 Walnut St Hartford, CT 06120-2832
Hartford metro Census 524600 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$250k

Owner & transaction history

since 2015
4 recorded transactions
2015
Price N/A
2014
Price N/A
2009
Price N/A
1998
Price N/A

Zoning & alternative use

CX-1 · Hartford, CT
Zoning description

ial Mix (CX) The CX districts are situated along commercial corridors that are transitioning from a historically industrial past. Flexible regulations encourage the re-use of traditional warehouse and factory buildings.…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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