294-308 Farmington Ave
Hartford, CT 06105
Farmington Avenue Strip Center · Retail Property For Sale

Marcus & Millichap is pleased to present the "Farmington Avenue Strip Center" located at 294-308 Farmington Avenue in Hartford, Connecticut. The building is 100% occupied and has historically enjoyed long term tenant retention for over 20 years. This highly visible site has excellent frontage along Farmington Avenue, a major commercial thoroughfare with a density of apartments, office and commercial properties. Located in the Historic West End district only a few blocks to Aetna and The Hartford Financial Services Group, and near the University of Connecticut School of Law (UCONN) campus, and Hartford Seminary. It is a mile and a half from Hartford’s Union Station train terminal, the Capital and Hartford’s central business district, and near to I-84 & I-91. With the surrounding office buildings and apartments, the property’s tenant mix provides an excellent complement of services to nearby residents and employees. Brick sidewalks and raised planters cradle a private parking lot abutting the building offering easy and convenient parking. Old fashioned lamp posts welcome the abundance of pedestrian traffic. The building could benefit from minor upgrades, external TLC and enhanced curb appeal elevating the property to its fullest potential. This hidden gem provides a new owner with immediate steady cash flow. There is an opportunity to improve the current lease stack and long-term stability, as the current owner prefers to sign five-year leases as opposed to longer term leases. Nonetheless, most tenants have remained for 20+ years. A new investor will benefit with a property that has experienced long term tenants and the opportunity to add value in a strong location.