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6-10 Spruce st 5.21 Acres of Commercial Land in Hartford, CT 06103
INVESTMENT HIGHLIGHTS
- NNN Lease Through January 2029
- Transformative Courthouse Development Nearby
- Residential Multifamily Development Potential
- Flexible Zoning & Uses
- Hartford Economic Momentum
EXECUTIVE SUMMARY
Upland Property Advisors, as exclusive agent, is pleased to present the opportunity to acquire 6–10 Spruce Street, a 5.21-acre (226,948 SF) surface parking lot strategically located in Downtown Hartford, Connecticut. The property is currently net-leased through January 2029 to Hartford Fire Insurance Company (“The Hartford”), an A+ credit Fortune 500 company, offering investors stable in-place cash flow backed by a highly established and financially robust national corporation.
In addition to its ongoing use as an income-generating parking facility, the site offers compelling repositioning or redevelopment potential, supported by flexible CX-1 zoning that permits a broad range of commercial, light industrial, service, and residential uses.
As a residential multifamily site, the property may be developed up to approximately 680,000 square feet.
As the capital of Connecticut, Hartford serves as the state’s political and economic center and is exceptionally well-positioned for transportation and regional access. The site provides immediate access to both I-84 and I-91 and is adjacent to Union Station, offering Amtrak railroad service and regional bus transit – providing direct connectivity to New York City, Boston, and other major metropolitan areas throughout the Northeast.
In addition, Bradley International Airport – just 15 miles north of the property – offers a wide range of domestic and international flights, reinforcing the site’s value as a regionally connected, accessible location well-suited for a variety of uses.
In addition to its ongoing use as an income-generating parking facility, the site offers compelling repositioning or redevelopment potential, supported by flexible CX-1 zoning that permits a broad range of commercial, light industrial, service, and residential uses.
As a residential multifamily site, the property may be developed up to approximately 680,000 square feet.
As the capital of Connecticut, Hartford serves as the state’s political and economic center and is exceptionally well-positioned for transportation and regional access. The site provides immediate access to both I-84 and I-91 and is adjacent to Union Station, offering Amtrak railroad service and regional bus transit – providing direct connectivity to New York City, Boston, and other major metropolitan areas throughout the Northeast.
In addition, Bradley International Airport – just 15 miles north of the property – offers a wide range of domestic and international flights, reinforcing the site’s value as a regionally connected, accessible location well-suited for a variety of uses.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.21 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CX-1 - Commercial Mixed-Use | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.21 AC |
| Opportunity Zone |
Yes |
| Zoning | CX-1 - Commercial Mixed-Use |
1 LOT AVAILABLE
Lot
| Lot Size | 5.21 AC |
| Lot Size | 5.21 AC |
1 1
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (80)
PROPERTY TAXES
| Parcel Number | HTFD-000222-000281-000067 | Improvements Assessment | $127,925 CAD |
| Land Assessment | $1,702,510 CAD | Total Assessment | $1,830,436 CAD |
PROPERTY TAXES
Parcel Number
HTFD-000222-000281-000067
Land Assessment
$1,702,510 CAD
Improvements Assessment
$127,925 CAD
Total Assessment
$1,830,436 CAD
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6-10 Spruce st
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