50 Morgan St Hartford, CT 06120
Property profile & analytics
50 Morgan St Hartford, CT 06120
- Apartment buildings
- 293,441 SF
- 1.92 lot acres
Property ID
US15-0158965
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Red Lion Garage 187 / Parking Lot & Garage
- Apartments Hartford CT / Apartment Building
- The Millennium / Apartment Complex
Property Details for 50 Morgan St
- Year built
- 1972
- Construction
- STEEL FRAME
- Lot size
- 1.92 lot acres
- Property size
- 293,441 SF
- Zone code
- DT-2
- Property type
- Apartment buildings
- APN
- HTFD M:268 B:293 L:023
- APU
- HTFDM268B293L023
Description
This exceptional 8,000 square foot retail space is located in the heart of downtown Hartford, Connecticut, at 50 Morgan St, zip code 06120. Situated on the ground floor of The Millennium building, home to 224 luxury apartments, this property boasts unparalleled visibility and access to a large, built-in customer base. The space is ideally suited for a restaurant or other retail business, featuring a 5,000 square foot dining area, a separate bar area, and a fully equipped kitchen including one freezer, two refrigerators, an oven-range, and a hood. A lower-level liquor storage area and restroom facilities are also included. Convenient amenities include private garage and surface parking for 380 vehicles. The location offers easy access to major attractions such as Dunkin' Donuts Stadium, XL Center, Hartford Stage, and the Connecticut Science Center, as well as convenient access to I-84 and I-91. The building is a multi-tenant property with a total of 29,344 square feet, and this space is part of a larger retail and industrial complex offering both refrigerated/cold storage and flex space options. This is a truly remarkable opportunity to establish a business in a thriving downtown location with excellent visibility and accessibility.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $35,978,000
- AI Estimate
- $23,821,000
Market price range: $17.1M - $36.0MMarket price range: $12.7M - $23.8M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $25,675,000 Current use
- RESTAURANT
- $50,175,000 Change: +95% Conversion: Difficult
- RETAIL STORES
- $29,645,000 Change: +15% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $26,285,000 Change: +2% Conversion: Difficult
- OFFICE BUILDING
- $22,050,000 Change: -14% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6717
- Latitude
- 41.7705
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,092,724
$734,160
$15,113,910
$15,848,070
-
$0.00
$0.00
$0.00
