994 Farmington Ave, West Hartford, CT 06107

$14,995,000
30,324
SqFt

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List Price
$14,995,000
Status
ACTIVE
MLS#
24220086
Year Built
1941
Acres
0.67
Living Area
30,324
Neighborhood
N/A

Property Description

Exceptional investment and redevelopment opportunity in the heart of West Hartford! Prominently situated along the desirable Farmington Avenue corridor, 994 Farmington Avenue offers approximately 30,000 square feet of commercial space, 52 rental suites, and 52 on-site parking spaces. This well-maintained property features a diverse mix of retail, medical, wellness, and professional office tenants, providing multiple income streams. Current occupants include a popular coffee shop, full-service pharmacy, wellness businesses, and professional therapy practices. Recent improvements include updated common-area carpeting and fully renovated restrooms. Excellent street visibility, convenient access, and ample parking enhance the property's appeal to tenants and visitors. Significant value-add and redevelopment potential! Proposed plans envision a luxury hotel addition and sports bar, offering an exciting opportunity to expand the property's commercial appeal and future income potential. See disclosures for additional information regarding the proposed development plans. All proposed improvements are subject to applicable approvals. Ideally positioned in one of West Hartford's most sought-after commercial corridors, this property offers investors and developers an attractive combination of established rental income, prime location, and future development possibilities. A rare opportunity to acquire a prominent commercial asset with substantial upside potential!

Additional Information

Taxes
$134,895
Lot Size
29,185
Flooring
Tile, Vinyl, Wall-To-Wall Carpet
Heating
Hot Air, Radiator(s)
Cooling System Type
Central Air
Water Source
Public
Parking Spaces
52

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Listing courtesy of Eric Toth from Scott T. Lewis Broker. (860) 712-7087 (860) 404-2655

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