453 New Park Ave, West Hartford, CT 06110

$1,299,500
2
BA
10,084
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,299,500
Status
ACTIVE
MLS#
24196031
Price Change
▼ $200,500 1787262383
Year Built
1948
Bathrooms
2
Acres
0.36
Living Area
10,084
Neighborhood
Elmwood

Property Description

Excellent Investment Opportunity!!! Acquire a 10,000 square foot, fully-leased warehouse with the benefit of immediate cash flow from an established tenant under a 5-year lease already in place. This is an excellent opportunity for investors seeking a stable income-producing asset with additional upside potential. The property's layout and configuration may provide the opportunity to add a second floor, creating additional leasable space and increasing future rental income, subject to municipal approvals, zoning requirements, and all necessary permits. Investment Highlights: - 10,000 SF warehouse 5-year lease in place providing immediate rental income - Low-maintenance investment opportunity. - Potential value-add by expanding with a second floor (subject to approvals). - Opportunity to increase cash flow and long-term asset value. - Ideal for investors seeking both current income and future appreciation. Whether you're looking to diversify your portfolio or acquire a value-add commercial asset, this warehouse offers the rare combination of immediate income and future expansion potential.

Additional Information

Taxes
$14,040
Lot Size
15,681
Interior Features
Public Restroom
Heating
Hot Air
Cooling System Type
Wall Units
Water Source
Public
Parking Spaces
10

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cynthia Rodriguez from The Property Shop CT. (860) 519-0634 (860) 519-0634

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.