1055 Broad St 58,800 SF Industrial Building Hartford, CT 06106 $1,359,364 CAD ($23.12 CAD/SF)
INVESTMENT HIGHLIGHTS
- 58,800 SF Redevelopment opportunity.
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale this ?58,800 SF light industrial/manufacturing building located on 1.24 Acres at 1055 Broad Street
in Hartford, Connecticut. Originally built in 1913, with an addition added in 1940, this two-story property features brick masonry
construction and unique architectural details. Occupying nearly half a city block in a primarily residential neighborhood, 1055 Broad
Street served as the manufacturing headquarters for Thomas W. Raftery, Inc. for over 55 years. The property now stands vacant,
presenting a unique redevelopment opportunity close to prominent corporate neighbors including Hartford Hospital, CCMC, Trinity
College and Hartford’s Parkville Market, with convenient access to Interstate 84 and downtown Hartford. The property is being offered for sale at a reduced asking price of $950,000. 1055 Broad St. 58,800 SF Redevelopment Opportunity
in Hartford, Connecticut. Originally built in 1913, with an addition added in 1940, this two-story property features brick masonry
construction and unique architectural details. Occupying nearly half a city block in a primarily residential neighborhood, 1055 Broad
Street served as the manufacturing headquarters for Thomas W. Raftery, Inc. for over 55 years. The property now stands vacant,
presenting a unique redevelopment opportunity close to prominent corporate neighbors including Hartford Hospital, CCMC, Trinity
College and Hartford’s Parkville Market, with convenient access to Interstate 84 and downtown Hartford. The property is being offered for sale at a reduced asking price of $950,000. 1055 Broad St. 58,800 SF Redevelopment Opportunity
PROPERTY FACTS
| Price | $1,359,364 CAD |
| Price Per SF | $23.12 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 1.24 AC |
| Rentable Building Area | 58,800 SF |
| No. Stories | 2 |
| Year Built | 1918 |
| Tenancy | Single |
| Parking Ratio | 0.09/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Cross Streets | Jefferson Street |
| Opportunity Zone |
Yes |
AMENITIES
- Bus Line
1 of 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | HTFD-000205-000529-000108 | Improvements Assessment | $731,128 CAD |
| Land Assessment | $410,123 CAD | Total Assessment | $1,141,251 CAD |
ZONING
| Zoning Code | MX-I (mixed use) |
