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2404 Main St 10,272 SF Vacant Retail Building Hartford, CT 06120 $682,136 CAD ($66.41 CAD/SF) 18.79% Cap Rate

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EXECUTIVE SUMMARY

Step into a legacy of style, wellness, and community at 2404 Main Street, a multi-level commercial gem in the heart of Hartford. Formerly home to a beloved barbershop, beauty salon, spa, and nail bar, this property has long been a vibrant hub for creativity and connection, ready for its next chapter. Offering over 10,000 sq. ft. of versatile space, it's ideal for entrepreneurs with bold ideas. The inviting first floor features a reception and waiting area, 16 barber/stylist booths, 6 plumbed wash stations, and space for 10 hair dryers. A rear section adds 15 more booths and 3 wash stations, totaling 30+ stations, with booth rentals averaging $150-$250 per week. The second floor includes a spa area suitable for 4 pedicure chairs and a large manicure bar, but can be reimagined into private offices, therapy rooms, or a boutique wellness retreat. The third floor is currently used as office space, this floor offers privacy and with sound control can be perfect for a music studio, radio station, podcast center, or co-working environment. In the rear, three separate spaces with individual entrances offering rental or business opportunities. The finished basement, with its own entrance and bar setup, is perfect for events, workshops, popups or community gatherings. With 6 bathrooms, 15+ parking spaces, updated plumbing and electrical, and accessibility for disabled persons, this property is a turnkey investment needing only minor repairs. Welcome to Hartford's next great destination!

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,272 SF
Building Class
C
Year Built/Renovated
1925/2011
Price
$682,136 CAD
Price Per SF
$66.41 CAD
Cap Rate
18.79%
NOI
$128,185 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.58
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
B4
Parking
15 Spaces (1.46 Spaces per 1,000 SF Leased)
Frontage
83’ on Main

AMENITIES

  • Security System
  • Wheelchair Accessible
  • Roof Terrace
  • Storage Space
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Ymca
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HTFD-000263-000128-000043
Land Assessment
$84,616 CAD
Improvements Assessment
$147,233 CAD
Total Assessment
$231,849 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38060671

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 2404 Main St, Hartford, CT 06120

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