631 Farmington Avenue
Hartford, CT 06105
$1,550,000
Attention investors! This turnkey commercial office building presents an excellent opportunity for those looking to expand their portfolio with stabilized rental income. Fully leased until 2030 with two long term tenants. Larger unit has occupied the building 35+ years, and the second tenant has been there 15+ years. Leases increase annually by 2.5%. Close to West Hartford, this property is situated in Hartford's West End, with easy highway access and public transit. Substantial upgrades include energy efficient lighting, new fire alarm system, new RTU systems, new water heater (2026), updated restrooms, and a complete renovation of the second floor. Ample parking (50+ spaces) located on the front, side, and rear of the building. The partially finished basement offers potential to further maximize rental revenue. With minimal owner responsibility, this property would be ideal for a 1031 exchange, those looking to add to their commercial portfolio, or for the newer investor looking to get into commercial real estate. Detailed expense sheet available upon request.
| Listing Id: | 24160127 |
|---|---|
| List Price: | $1,550,000 |
| Close Price: | $1,550,000 |
| Close Date: | 2026-08-28 |
| Property Type: | Commercial Sale |
| Status: | Closed |
| Bank Owned Property: | No |
| Living Area Sqft Per Public Record: | 25,298 |
| Property Tax: | $65,211 |
| Acres: | 0.78 |
| Direct Waterfront Yn: | No |
| City: | Hartford |
| County: | Hartford |
| Postal Code: | 06105 |
| Year Built: | 1960 |
| Total Number Of Units: | 2 |
| Agent Owner Yn: | No |
| Assessed Value: | $945,770 |
| Basement Description: | No |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $1,550,000.00 |
| Date Cont To Show: | 2026-06-13T04:00:00 |
| Directions: | Corner of Beacon St and Farmington Ave. There is no sign. |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | None |
| Exterior Features: | None |
| Garage & Parking: | Paved, Parking Lot |
| Heat Fuel Type: | Natural Gas |
| Heat Type: | Hot Air |
| Home Owner's Assocation: | No |
| Listing Contract Date: | 2026-03-16 |
| Location: | Highway Access, Urban |
| Lot Description: | Level Lot |
| Mil Rate Total: | $68.95 |
| Status: | Closed |
| Number Of Tenants: | 2 |
| Occupied By: | Tenant |
| Original List Price: | $1,700,000 |
| Parcel Number: | 598625 |
| Parking Total Spaces: | 50 |
| Pending Date: | 2026-08-26 |
| Possession Availability: | TBD |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 336-9290 |
| Present Use: | Office |
| Price: | $1,550,000 |
| Road Frontage Description: | Municipal Street, Paved Road |
| Roof Information: | Membrane |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 25,298 |
| Tax Year: | July 2025-June 2026 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Gas, Telephone, Cable |
| Water Source: | Public Water Connected |
| Zoning: | MX-1 |
Listing Courtesy of: Dave Jones Realty, LLC
Listing Agent: Stephanie Ossowski
(860) 336-9290
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET
