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385 New Park Ave 1,408 SF Retail Building Hartford, CT 06106 $1,700,000 ($1,207.39/SF)
Executive Summary
Berkshire Hathaway is pleased to offer for sale 385 New Park Ave, a retail property perfectly located in a high-traffic intersection on the border between Hartford and West Hartford, CT. The property is currently occupied by New Park Avenue Auto Sales and Repair. The subject property sits on 0.31 acres, was built in 1935, and consists of approximately 1,620 SF. The building has ample parking with 30 total spaces, as well as 5 curb cutouts that allow for through traffic across the property, perfect for a drive-thru window.
-- Situated directly on New Park Avenue with immediate proximity to
the CTFastrak Busway, providing efficient public transit links.
-- Located near Interstate 84, offering rapid access to the broader
Hartford metropolitan area.
-- Surrounded by a mix of high-traffic retailers, including The Home
Depot, Walmart Supercenter, Chick-Fil-A, Dunkin Donuts, etc.
-- The site has a proven 30-year track record for automotive use,
benefiting from the area's high density of similar commercial
services.
-- Part of the active Parkville neighborhood, which is seeing
continued interest for multifamily residential development and
mixed-use revitalization.
-- Frontage on New Park Avenue ensures constant exposure to local
traffic and pedestrians.
-- Situated directly on New Park Avenue with immediate proximity to
the CTFastrak Busway, providing efficient public transit links.
-- Located near Interstate 84, offering rapid access to the broader
Hartford metropolitan area.
-- Surrounded by a mix of high-traffic retailers, including The Home
Depot, Walmart Supercenter, Chick-Fil-A, Dunkin Donuts, etc.
-- The site has a proven 30-year track record for automotive use,
benefiting from the area's high density of similar commercial
services.
-- Part of the active Parkville neighborhood, which is seeing
continued interest for multifamily residential development and
mixed-use revitalization.
-- Frontage on New Park Avenue ensures constant exposure to local
traffic and pedestrians.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,408 SF
Building Class
C
Year Built
1935
Price
$1,700,000
Price Per SF
$1,207.39
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.31 AC
Zoning
B3
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | HTFD-000116-000474-000010 | Improvements Assessment | $78,750 |
| Land Assessment | $99,820 | Total Assessment | $178,570 |
Property Taxes
Parcel Number
HTFD-000116-000474-000010
Land Assessment
$99,820
Improvements Assessment
$78,750
Total Assessment
$178,570
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385 New Park Ave
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