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650 FRANKLIN AVE
HARTFORD, CT 06114-3031
Asking Price
$1.15M
Asset Type
Flex Industrial
Class
Class B
What's Special
Owner/User or Investor Opportunity on Franklin Avenue <p>• 21,473 SF single-story brick building on 1.20 acres</p><p>• Heated and cooled</p><p>• 12- 15 ft ceilings</p><p>• One loading dock and one drive drive-in door</p><p>• Office, showroom, production, and shipping area</p><p>• B4 zoning — manufacturing, flex, office, warehouse, or</p><p>redevelopment all on the table</p><p>• Opportunity Zone designation with meaningful federal tax</p><p>benefits for qualifying buyers</p><p>• 35 parking spaces, 5 minutes to I-91/I-84</p>
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NOI
$80,000
Cap Rate
6.96%
DSCR
1.17
Tight
Cash-on-Cash
3.40%
Monthly Payment
$5,689.573
Annual Cash Flow
$11,725.13
