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Property profile & analytics
OFF-MARKET
Showrooms

98 Mdw St Hartford, CT 06114-1505

8,925 SF 0.66 ac lot Built 1970
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US15-1069841
Property summary
AI-generated overview

This ±9,000 square foot industrial building in Hartford, CT, presents a compelling investment opportunity. Situated on a half-acre lot at 98 Meadow Street, this single-story structure boasts ±1,100 square feet of air-conditioned office space, ideal for administrative functions. The warehouse area features a 12-foot ceiling height and three 8'x8' loading docks, facilitating efficient loading and unloading operations. The property is zoned ID-1 and offers ample parking. Built in 1967, this flex space provides excellent 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. Its strategic location and functional design make it well-suited for sales, distribution, and various industrial uses. The asking price is $540,000, translating to $60 per square foot. This property offers a blend of warehouse and office space, making it a versatile option for a range of businesses. The 06114 zip code provides access to a robust workforce and established infrastructure. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Connecticut market.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1970
Construction FRAME
Total area 8,925 SF
Lot 0.66 ac (28,928 SF)
Zoning code ID-1
APN HTFD M:274 B:689 L:085
UPID US15-1069841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Linde Welding Gas & Equipment Center Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ferro Realty LLC · 2 yrs held
Ferro Realty LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
ID-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ment and supply uses, and bars and nightclubs. Industrial (ID) The ID districts provide areas within the city for more intensive manufacturing, warehousing, and distribution in larger-scale Workshop/Warehouse Buildings. ID-1 The purpose of the ID-1 industrial district in the city is to provide for medium to heavy industry characterized by a minimum of noise,…

Zone name Industrial 1
General category INDUSTRIAL
Zone area 1,224.59 ac
Source zoning regulations
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