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241 Main St
Hartford, CT 06106
Office Property For Sale
Investment Highlights
- Multifamily Conversion Opportunity
- On-Site Parking (Rare Downtown Feature)
- Attractive Basis
- DT-3 Zoning (Downtown District)
- In-Place Income
Executive Summary
241 Main Street presents a compelling adaptive reuse opportunity in downtown Hartford, where demand for traditional Class B office space has weakened and ownership groups are actively repositioning assets toward residential use.
The property is approximately 50% leased, providing in-place income to offset carrying costs, while allowing for a phased redevelopment strategy.
The asset is uniquely positioned for conversion due to its DT-3 zoning designation and onsite parking, a rare combination in downtown Hartford.
The property is approximately 50% leased, providing in-place income to offset carrying costs, while allowing for a phased redevelopment strategy.
The asset is uniquely positioned for conversion due to its DT-3 zoning designation and onsite parking, a rare combination in downtown Hartford.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
34,000 SF
Building Class
B
Year Built
1900
Price
$3,122,572 CAD
Price Per SF
$91.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,840 SF
Slab To Slab
12’
Building FAR
1.04
Lot Size
0.75 AC
Opportunity Zone
Yes
Zoning
DT-3 - DT-3 (Downtown District)
Parking
70 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Reception
- Monument Signage
Property Taxes
| Parcel Number | EHAR-000020-000000-000026 | Improvements Assessment | $140,516 CAD |
| Land Assessment | $51,751 CAD | Total Assessment | $192,267 CAD |
Property Taxes
Parcel Number
EHAR-000020-000000-000026
Land Assessment
$51,751 CAD
Improvements Assessment
$140,516 CAD
Total Assessment
$192,267 CAD
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