Multifamily Housing - For Sale
275 Homestead Avenue Hartford, CT 06112
Details & Description
Price: $1,250,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 2.970
  • Building Sq Ft 80,790
  • Building Price per Sq Ft $15.47
  • Land Sq Ft 129,373
  • Land Price per Sq Ft $9.66
Historic manufacturing building with the potential to convert to approximately 80 apartments located on 2.58 +/- acres of land with an additional 0.39 +/- acre parking lot across the street. High ceilings and large windows will make for an attractive "mill building" design aesthetic. This historic structure was originally built by the Hartford Special Machine Company and for the past 70 years it has been the former headquarters for the Smith Worthington Saddlery Company. The properties are located on a bus line and within an Opportunity Zone.
Additional Photos
Listing Agents
Carl Berman

O: 877-327-3755
M: 860-841-3821
cberman@naielite.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

275 Homestead Avenue

Hartford, CT 06112

Listing ID: 298737
Property No Longer Listed
  • Property Type Multifamily for Sale
  • Lot Size Acres 2.970
  • Building Sq Ft 80,790
  • Building Price per Sq Ft $15.47
  • Land Sq Ft 129,373
  • Land Price per Sq Ft $9.66
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Description

Historic manufacturing building with the potential to convert to approximately 80 apartments located on 2.58 +/- acres of land with an additional 0.39 +/- acre parking lot across the street. High ceilings and large windows will make for an attractive "mill building" design aesthetic. This historic structure was originally built by the Hartford Special Machine Company and for the past 70 years it has been the former headquarters for the Smith Worthington Saddlery Company. The properties are located on a bus line and within an Opportunity Zone.

Attachments & Files

Hartford Area Market Trends

Listing Demographics for 275 Homestead Avenue Hartford, CT 06112

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population27,180151,406253,306
Population Median Age373738
Population by Age0-9 Yrs3389 (12%)17603 (11%)28303 (11%)
10-19 Yrs3497 (12%)21831 (14%)35815 (14%)
20-29 Yrs5070 (18%)26622 (17%)39681 (15%)
30-39 Yrs3725 (13%)20089 (13%)33532 (13%)
40-49 Yrs3376 (12%)17944 (11%)31650 (12%)
50-59 Yrs3007 (11%)17895 (11%)31903 (12%)
60-69 Yrs2802 (10%)14977 (9%)27609 (10%)
70+ Yrs2312 (8%)14444 (9%)24815 (9%)
Median HH Income$32,172$46,303$56,170
Total Household Income< 24K4667 (39%)18769 (31%)25080 (25%)
25-49K3106 (25%)12842 (21%)20280 (20%)
50-74K1664 (13%)9548 (15%)16062 (16%)
75-99K747 (6%)5185 (8%)10082 (10%)
100-199K1229 (10%)9936 (16%)19885 (20%)
200K+537 (4%)4256 (7%)7983 (8%)
Highest Education LevelNo Diploma34191958328879
Diploma or GED60982769446450
Some College32171542828122
Assoc. Degree1356566111111
Bachelors Degree21671624430009
Higher Degree17151413224907
Total Housing Units14,08068,674110,573
--Owner-Occupied2,77920,21345,315
--Renter-Occupied9,17240,32454,057
Owner-Occupied Values< 100K40014553020
100-199K1050676715672
200-299K522513813089
300-399K27435166673
400-499K23417213430
500K+29916153431
Total Working Age Population21,772122,006204,915
In Work Force12,81275,179132,114
Not In Work Force8,96046,82772,801
Workforce Employed11,29067,813121,218
Workforce Unemployed1,5207,23510,726
Civlian Workforce12,81075,048131,944
Military Workforce2131171
Total Households11,95060,53699,372
Family Households5,39732,62758,176
Non-Family Households6,55327,90941,196
Married Couple2,05016,20332,369
Other Family3,34716,42425,807
Married w/Child8776,69813,288
Single Male w/Child2181,7062,516
Single Female w/Child1,5036,73910,044

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Connecticut3,405,565+53,574,097+13,604,603+13,633,994
Hartford County857,183+4894,014+2909,671+2930,629

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Bradley International Airport (BDL) 11
Theodore Francis Green State Airport (PVD) 66
La Guardia Airport (LGA) 92