273 Asylum Street new

Hartford,CT 06103

$ 3300000

- Bed

- Bath

35277 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 35,277 sqft

Price per Sqft $93

MLS Listing ID 24121920

Year Built 1920

Annual Tax Amount $173,007

Lot Size 0.300 Acres

Property Description

Seize the opportunity to reimagine a former high school site into a dynamic residential community in the heart of downtown Hartford. Approved plans are already in place for a 50-unit development featuring 22 studios, 11 studio-plus layouts, and 17 one-bedrooms-perfectly aligned with the growing demand for modern urban living. Market rents are projected at $1,400+ for studios and $1,700+ for one-bedrooms, highlighting the strong income potential. A nearby parking area may also be included, adding valuable convenience for future residents. The location is unmatched-just steps from the PeoplesBank Arena, two blocks from Bushnell Park and City Place, and within walking distance to TheaterWorks, Black Eyed Sally's, Agave, Max Downtown, and more. With easy access to I-91, I-84, and Route 2, connectivity is seamless. Bring your vision and creativity to one of Hartford's premier redevelopment opportunities!

Location

State CT

County Hartford

Zoning DT-3

Interior

Heating Other

Cooling Central Air

Exterior

Utilities Available Gas

Roof Type Flat,Tar/Gravel

Building

Lot Description Corner Lot,Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Others

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