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241 Main St 34,000 SF 100% Leased Office Building Hartford, CT 06106 $2,250,000 ($66.18/SF)
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
$2,250,000
Price Per SF
$66.18
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
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Finance and Insurance
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Lorem Ipsum
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The Neighborhood Assistance Corporation of America ("NACA") is a non-profit, community advocacy and homeownership organization. NACA’s primary goal is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership. NACA has made the dream of homeownership a reality for thousands of working people by counseling them honestly and effectively, enabling even those with poor credit to purchase a home or modify their predatory loan with far better terms than those provided even in the prime market.
- Nutmeg Capital Advisors LLC
- Finance and Insurance
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Finance and Insurance | - | - | Lorem Ipsum | Jan 0000 | |
| Nutmeg Capital Advisors LLC | Finance and Insurance | - | - | Lorem Ipsum | Jan 0000 |
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Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | EHAR-000020-000000-000026 | Improvements Assessment | $101,250 |
| Land Assessment | $37,290 | Total Assessment | $138,540 |
Property Taxes
Parcel Number
EHAR-000020-000000-000026
Land Assessment
$37,290
Improvements Assessment
$101,250
Total Assessment
$138,540
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241 Main St
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