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$ 3,300,000
Est. payment | /mo
35,277 SqFt
$ 3,300,000
Est. payment | /mo
35,277 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 35,277 sqft
Price per Sqft $93
MLS Listing ID 24121920
Year Built 1920
Annual Tax Amount $173,007
Lot Size 0.300 Acres
Property Description
Seize the opportunity to reimagine a former high school site into a dynamic residential community in the heart of downtown Hartford. Approved plans are already in place for a 50-unit development featuring 22 studios, 11 studio-plus layouts, and 17 one-bedrooms-perfectly aligned with the growing demand for modern urban living. Market rents are projected at $1,400+ for studios and $1,700+ for one-bedrooms, highlighting the strong income potential. A nearby parking area may also be included, adding valuable convenience for future residents. The location is unmatched-just steps from the PeoplesBank Arena, two blocks from Bushnell Park and City Place, and within walking distance to TheaterWorks, Black Eyed Sally's, Agave, Max Downtown, and more. With easy access to I-91, I-84, and Route 2, connectivity is seamless. Bring your vision and creativity to one of Hartford's premier redevelopment opportunities!
Location
State CT
County Hartford
Zoning DT-3
Interior
Heating Other
Cooling Central Air
Exterior
Utilities Available Gas
Roof Type Flat,Tar/Gravel
Building
Lot Description Corner Lot, Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Others
Virtual Tour https://marketing.realogy.imprev.net/i/273AsylumStreet/421111/24066970/4523/html/virtualtour/ActiveStatus/branded/
Listed by Lisa Cozzi • Century 21 AllPoints Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "