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$549,900
Est. payment /mo
4 Baths
2,922 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,922 sqft
Price per Sqft $188
MLS Listing ID 24161533
Full Baths 3
Half Baths 1
Year Built 1875
Annual Tax Amount $6,523
Lot Size 0.700 Acres
Property Description
Welcome to 110 Main St, East Hartford, an investment and business opportunity positioned along a high visibility corridor. Zoned commercial (COMMERCIAL FINANCING REQUIRED), this versatile property supports a wide range of uses including office, retail, residential income, or professional services such as medical, legal, accounting, insurance, or real estate. Currently configured as a high performing income property, it features 3 separate rental units operating as a rooming house with a total of 6 bedrooms, 3 kitchens, and 3 full bathrooms. With a strong NOI of $44,174 and an attractive 8% cap rate, this is an excellent opportunity for immediate cash flow and long-term growth. Extensively updated in 2023, the property offers modernized interiors while maintaining flexible layout options to suit both investors and owner-users. This property benefits from exceptional exposure with very high daily traffic counts, ideal for business front signage and visibility. A private parking lot with approximately 20 spaces adds convenience for tenants, clients, and customers. Located just minutes from downtown Hartford, with easy access to I-84, I-91, and Rt-2, this property offers unmatched accessibility and strategic positioning. Whether you're looking to expand your business, establish a new location, or secure a strong income-producing asset, this property delivers on flexibility, visibility, and upside potential. Seller Financing Available: 25% downs, 8.75% interest rate, 20 year term
Location
State CT
County Hartford
Zoning B-1
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features Parking Lot, Off Street Parking
Utilities Available Gas
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Michael Truong • eXp Realty
Nearby Locations
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