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48-50 Main St 4,565 SF Vacant Office Building Hartford, CT 06106 $550,000 ($120.48/SF) 10% Cap Rate

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EXECUTIVE SUMMARY

Prime Downtown Hartford Commercial Property!
Now available — an exceptional opportunity to own a highly visible corner-lot commercial building with over 4,500 sq ft across 3 levels! Featuring 4 restrooms, 5 assigned parking spaces (plus overflow & handicap access), and a rear entrance ramp, this brick-exterior property is ideal for office, retail, or creative studio use.
Located steps from Hartford Hospital and downtown attractions, the property offers historical charm with modern flexibility. Large windows flood the space with natural light, and the building's flexible layout can easily be subdivided to suit a variety of business needs. All current leases are month-to-month, giving you maximum control.
Surrounded by restaurants, cafes, and cultural institutions, this high-traffic area ensures constant visibility and walk-in potential. Convenient public transportation access makes it a prime location for both employees and customers.
Investors and business owners — bring your vision! This is your chance to own a standout building in the heart of Hartford with strong income potential and endless possibilities. Don’t miss out!

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,565 SF
Building Class
C
Year Built
1860
Price
$550,000
Price Per SF
$120.48
Cap Rate
10%
NOI
$55,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,522 SF
Slab To Slab
11’
Building FAR
1.05
Lot Size
0.10 AC
Zoning
MX-1 - THERE IS A POSSIBLITY WITHIN THE MX-1 ZONING TO MAKE A ROOMING HOUSE; OR 5 MICROSUITE STUDIO APARTMENTS; OR TWO 1-BEDROOM APARTMENTS AND 1 STUDIO APAR
Parking
17 Spaces (3.72 Spaces per 1,000 SF Leased)

AMENITIES

  • Controlled Access
  • Storage Space
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HTFD-000248-000461-000146
Land Assessment
$52,570
Improvements Assessment
$81,900
Total Assessment
$134,470
  • Listing ID: 35708585

  • Date on Market: 5/1/2025

  • Last Updated:

  • Address: 48-50 Main St, Hartford, CT 06106

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