Property Description
CALLING ALL SAVVY AND EXPERIENCED DEVELOPERES! The property is in one of Hartford’s heavily trafficked Opportunity Zones (See attached for resources). The building is an old Factory registered as a Historic Place in Hartford’s Opportunity Zone! The original plant was enlarged in 1943 and remained in continuous use until 2010, when the Company ceased operations. Please refer to the attachments for more property information. The neighborhood surrounding the factory is developed with a mix of residential, industrial, commercial, and institutional buildings, and parallel to one of the city’s primary commercial corridors, Albany Avenue. Most recently, Hartford Specialty Machinery Co., also on Homestead Ave, was purchased or the express purpose of constructing a cannabis grow operation. Current zoning regulations allow for Multifamily (4+ units) developments; Small Residential Care; Hotel/Apartment Hotel; Community Service; Offices. Medical Marijuana production allowed subject to use-specific conditions (*possible Special Permit). Currently, approximately 1,200 sf is being rented by 2 tenants for storage and generating $28,800/year. There are no leases in place. Phase II environmental reports are available. Showings require 24 hours notice.
Features
: Steam
: No
: Concrete
: Other
: Doors – 10-15 Ft, Loading Dock/grade
0
10
: Highway Access, Urban
: Level Lot
: Public Water In Street
Address Map
Homestead
296
0
W73° 18′ 3.8”
N41° 46′ 46.2”
MLS Addon
KW Legacy Partners
Lisa Lazarus
840122
KWLP01
July 2024-June 2025
Per GPS
$0
605885
$17,795
CX-1
Commercial For Sale
296 Homestead, Hartford, 06112
0 Bedrooms
0 Bathrooms
37,730 Sqft
$350,000
Listing ID #24009127
Basic Details
Property Type : Commercial For Sale
Listing Type : For Sale
Listing ID : 24009127
Price : $350,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 37,730 Sqft
Year Built : 1921
Lot Area : 0.87 Acre
City : Hartford
Zipcode : 06112
Agent info
![Ben Keeney Ben Keeney](http://104.197.80.201/wp-content/uploads/WPL/users/1/thprofile_autox120.jpg)
![RE/MAX Right Choice RE/MAX Right Choice](http://104.197.80.201/wp-content/uploads/WPL/users/1/thlogo_autox120.png)
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
-
-
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