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$1,600,000 -$100,000 (-5.88%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 631 Farmington Ave
General
- Price: $1,600,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24160127
- Updated: 4/28/2026
- Added to Site: 46 day(s) ago
Exterior
- Exterior Features: None
Parking
- Total Spaces: 50
- Parking: Paved, Parking Lot
Location
- County: Hartford
- Driving Directions: Corner of Beacon St and Farmington Ave. There is no sign.
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: Electric, Gas, Telephone, Cable
Structural Information
- Roof: Membrane
- Square Feet: 25,298
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Office
- Year Built: 1960
Unit Information
- # Tenants: 2
Unit 1
- Unit Description: Office
Lot Features
- Lot Size (Acres): 0.78
- Frontage: Municipal Street, Paved Road
- Present Use: Office
- Zoning: MX-1
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $945,770
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 598625
Listed by Dave Jones Realty, LLC, Stephanie Ossowski
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Schools
Schools serving 631 Farmington Ave
School District:Hartford School District
| Name | Grades | Distance |
|---|---|---|
Parkville Community School 47 New Park Avenue, Hartford, CT 06106 | PK-5 | 0.7 mi |
Burns Latino Studies Academy 195 Putnam Street, Hartford, CT 06106 | PK-8 | 1.2 mi |
Sanchez School 176 Babcock Street, Hartford, CT 06106 | PK-5 | 1.4 mi |
McDonough School 111 Hillside Avenue, Hartford, CT 06106 | 6-8 | 1.4 mi |
Hphs Academy Of Engineering And Green Technology 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Hphs Law And Government Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Hphs Nursing Academy 55 Forest Street, Hartford, CT 06105 | 9-12 | 0.7 mi |
Montessori Magnet @ Moylan and McDonough 757 New Britain Avenue, Hartford, CT 06106 | PK-5 | 2.3 mi |
Kennelly School 180 White Street, Hartford, CT 06114 | PK-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 631 Farmington Ave
Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$1,600,000
-5.88%
MLS
3/16/2026
Listed
$1,700,000
82.8%
MLS
10/10/2007
Sold
$930,000
—
Public Record
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
Tax History for 631 Farmington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$65,211
—
$945,770
—
2023
$65,211
—
$945,770
—
2022
$65,211
4%
$945,770
13%
2021
$62,404
—
$840,000
—
2020
$62,404
-4%
$840,000
-4%
2019
$64,874
—
$873,250
—
2018
$64,874
59%
$873,250
59%
2016
$40,682
—
$547,610
—
2015
$40,682
—
$547,610
—
2014
$40,682
—
$547,610
—
2011
$40,682
—
$547,610
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 631 Farmington Ave
631 Farmington Avenue, Hartford, CT 06105 (MLS# 24160127) is a Commercial property. 631 Farmington Avenue is currently listed for $1,600,000 and was received on March 16, 2026. Want to learn more about 631 Farmington 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.

