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$2,700,000

  • For Sale
  • Active
  • Commercial
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Welcome to 156-162 Franklin Avenue, a potential retail corridor located just minutes from Hartford Hospital. This diverse retail complex offers convenient one-stop shopping for both consumers and businesses, featuring a mix of commercial units that includes a car wash, grocery store, restaurant, and office space. The property spans over 17,000 square feet and benefits from a prime location with high visibility and strong foot traffic, along with off-street parking for both tenants and visitors. Recent upgrades include roof improvements, remodeled storefronts, and a repaved rear lot, and the building also features natural gas heating. The current rent roll consists of a two-story office building at $7,000 per month, a mini-mart at $3,000 per month, a seafood restaurant at $3,000 per month, and a car wash paying $3,000 per month. Zoned MS-2, the property offers mixed-use potential, and the first floor of the office building presents an opportunity to expand and create a fifth retail space. This is an excellent portfolio addition for an investor seeking strong cash flow and a prime location.

Full Property Details for 156 Franklin Ave

General

  • Price: $2,700,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24142264
  • Updated: 11/26/2025
  • Added to Site: 52 day(s) ago

Interior

  • Interior Features: Loading - Dock Height, Public Restrooms, Window Display

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Half Bathrooms: 5
  • Restrooms: 5

Exterior

  • Exterior Features: Storage Building, Lighting, Loading Dock/Grade

Parking

  • Uncovered Spaces: 20

Location

  • County: Hartford
  • Neighborhood: Barry Square
  • Driving Directions: Turn onto Franklin ave.
  • Traffic Count: 15000

Community

  • Community Name: Barry Square

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Gas

Structural Information

  • Roof: Flat, Tar/Gravel
  • # Loading Docks: 2
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 21,101
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Retail
  • Year Built: 1940

Unit Information

  • # Tenants: 4

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 2

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 3

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Unit 4

  • Unit Description: Office
  • Square Feet: 8000
  • Total Bathrooms: 2
  • Partial Bathrooms: 2

Lot Features

  • Lot Size (Acres): 0.48
  • Frontage: Interstate Highway, Paved Road
  • Present Use: Retail
  • Potential Use: Residential and Retail Redevelopment
  • Zoning: MS-2
  • Lot Description: Dry, Level Lot

Water Features

  • Docks: 2

Financial Considerations

  • Assessment Amount: $226,730
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Plot Plan/Survey
  • Property ID: 597318
Buyer's Brokerage Compensation: Contact Listing Agent
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— 156 Franklin Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 156 Franklin Ave

School District:Hartford School District
NameGradesDistance
M. D. Fox Compact School
470 Maple Avenue, Hartford, CT 06114
PK-80.2 mi
Asian Studies School At Dwight/Belizzi School
215 South Street, Hartford, CT 06114
PK-80.9 mi
Dr. James H Naylor/Ccsu Leadership Academy
639 Franklin Avenue, Hartford, CT 06114
PK-81.1 mi
Burr School
400 Wethersfield Avenue, Hartford, CT 06114
PK-80.3 mi
Bulkeley High School Upper School
395 Lyme Street, Hartford, CT 06112
9-124.2 mi
Renzulli Academy
85 Woodland Street, Hartford, CT 06105
4-82.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 156 Franklin Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Listed
$2,700,000
201.68%
MLS
7/20/1988
Sold
$895,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 156 Franklin Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,633
—
$226,730
—
2023
$15,633
—
$226,730
—
2022
$15,633
-22%
$226,730
-16%
2021
$19,964
—
$268,730
—
2020
$19,964
—
$268,730
—
2019
$19,964
—
$268,730
—
2018
$19,964
-13%
$268,730
-13%
2016
$22,907
—
$308,350
—
2015
$22,907
—
$308,350
—
2014
$22,907
—
$308,350
—
2011
$22,907
—
$308,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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156 Franklin Avenue, Hartford, CT 06114 (MLS# 24142264) is a Commercial property. 156 Franklin Avenue is currently listed for $2,700,000 and was received on November 26, 2025. This property is listed by Alexander Pryor from our South Windsor Office.Want to learn more about 156 Franklin Avenue? Do you have questions about finding other Commercial real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

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