273 Asylum Street, Hartford CT 06103 (Off Market)

For Sale, USD 4,890,000


273 Asylum Street, Hartford CT 06103,

Property Type : Commercial

Property Style : N/A

Build Size : 35,277 ft² / 3,277 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Welcome to an unparalleled opportunity in the heart of downtown Hartford-an exceptional chance to spearhead the development of a residential haven in an enviable location! Embraced by the city's vibrant pulse, this former high school site stands primed for transformation, boasting approved plans for a residential complex featuring 50 units. Among these are 22 studios, 11 studio pluses offering enhanced living space, and 17 one-bedroom apartments. With the City of Hartford's seal of approval, this canvas of possibility awaits the visionary buyer seeking to redefine urban living. Commanding impressive market rents of $1,400 for studios and $1,700 for one-bedroom dwellings, the potential for lucrative returns is undeniable. Furthermore, there is opportunity to include a small parking area nearby with the purchase. Situated at the center of downtown's bustling landscape, this property offers unrivaled proximity to iconic landmarks and entertainment venues. Just a stone's throw away from the XL Center and a mere two blocks from Bushnell Park and City Place, residents will revel in a lifestyle of convenience and excitement. Immerse yourself in the cultural tapestry of the city with TheaterWorks mere steps away, while an array of esteemed dining establishments and nightlife hotspots beckon within walking distance, including Black Eyed Sally's, Agave, and Max Downtown.
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273 Asylum Street, Hartford CT 06103, United States,Connecticut,Hartford is a 35,277ft² Hartford luxury Commercial listed for sale USD 4,890,000. This high end Hartford Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Hartford or search for luxury properties for sale in Hartford.