348 Franklin Avenue, Hartford, CT 06114 - Photo 1

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$324,900 -$25,000 (-7.14%) Price Reduced

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Commercial

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Property Description

Calling All Business Owners And Investors! This Property Features A Spacious 2,288 SF Building Set On .16 Acre With 46' Street Frontage On A High-Traffic Visibility Street For Your Business Signage. Property Is Currently Being Used As A Social Club And Previously A Restaurant. Kitchen With Working Commercial Hood Still In Place. Newer Gas Furnace & Water Heater 2021. Benefit From Immediate Returns Generating Income Right Away With Two Levels For Rent Or Use For Your Own Business. Perfect Business Location In The South-End Of Hartford With Approximately 8,000 Daily Car Counts And A 14 Car Parking Lot In The Back. Conveniently Located Near Several Other Businesses And The Wethersfield Line, Hartford Hospital & CCMC, Brainard Airport, As Well As All That Downtown Hartford Has To Offer Including The XL Center, The Bushnell, CT Science Center, Dunkin Donuts Park, Colt Park, Shopping Areas, Restaurants, Easy Access To I-91 & Rt-5, And More! Hartford South End Real Estate Is A Goldmine Experiencing Continuous Growth And Development, Ensuring That Your Investment Will Appreciate Over Time. Sold As Is.

Full Property Details

Full Property Details for 348 Franklin Ave

General

Price: $324,900
Taxes: (July 2024-June 2025)
Status: Active
Type: Commercial
Source: SMARTMLS
MLS ID: 24050250
Updated: 11/15/2024
Added to Site: 53 day(s) ago

Rooms

Bathrooms

Restrooms: 5

Exterior

Exterior Features: Sidewalk

Parking

Uncovered Spaces: 14
Total Spaces: 14
Parking: Paved, Parking Lot, Off Street Parking

Location

County: Hartford
Neighborhood: South End
Driving Directions: GPS Friendly

Community

Community Name: South End

Heating & Cooling

Cooling Type: None
Heating Type: Hot Water, Natural Gas
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected
Utility Description: Electric, Gas, Telephone, Cable

Structural Information

Roof: Asphalt Shingle, Flat
Square Feet: 2,288
Sq. Ft. Source: Public Records
Current Bldg. Use: Social Club
Year Built: 1930

Lot Features

Lot Size (Acres): 0.16
Frontage: Paved Road
Present Use: Social Club
Potential Use: Restaurant, Bar, Club, Retail, Office
Zoning: MS-2
Lot Description: Level Lot

Financial Considerations

Assessment Amount: $104,300
Tax Year: July 2024-June 2025

Disclosures and Reports

Documents Avail.: None
Property ID: 597003

Listed by eXp Realty, Michael Truong

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Listing agent

— 348 Franklin Ave —

Michael Truong

eXp Realty

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Schools

Schools serving 348 Franklin Ave

School District:Hartford School District

Name	Grades	Distance
Alfred E. Burr Elementary School 400 Wethersfield Ave, Hartford, CT 06114	PK-8	0.3 mi
Dr. Michael D. Fox School 470 Maple Ave, Hartford, CT 06114	PK-8	0.5 mi
Dr. James H. Naylor/Ccsu Leadership Academy 639 Franklin Ave, Hartford, CT 06114	PK-8	0.7 mi
Dwight Bellizzi School 215 South St, Hartford, CT 06114	7-8	0.5 mi
Bulkeley High School - Teacher Preparation and Humanities Academies 300 Wethersfield Ave, Hartford, CT 06114	9-12	0.5 mi
Dr. Joseph S. Renzulli Gifted and Talented Academy 121 Cornwall St, Hartford, CT 06112	4-8	3.8 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 348 Franklin Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/15/2024

Price Reduced

$324,900

-7.14%

MLS

9/30/2024

Listed

$349,900

118.69%

MLS

9/22/2021

Sold

$160,000

—

Public Record

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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 348 Franklin Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,191

—

$104,300

—

2023

$7,191

—

$104,300

—

2022

$7,191

—

$104,300

-3%

2021

$7,192

-10%

$108,010

—

2020

$8,024

—

$108,010

—

2019

$8,024

—

$108,010

—

2018

$8,024

58%

$108,010

58%

2016

$5,086

—

$68,460

—

2015

$5,086

100%

$68,460

-30%

2014

100%

$97,800

-21%

2011

—

$123,700

—

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.

Estimate the Cost

Estimate the Cost for 348 Franklin Ave

348 Franklin Avenue, Hartford, CT 06114 (MLS# 24050250) is a Commercial property. 348 Franklin Avenue is currently listed for $324,900 and was received on September 30, 2024. Want to learn more about 348 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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348 Franklin Ave Hartford, CT 06114