69-71 Pratt Street
- Vacant ground-floor retail suite (~1,808 SF), delivered in shell condition — ready for an owner/user build-out or a fresh lease-upon today's market terms.
- Immediate residential lease-up upside — three of five apartments are vacant; leasing them at prior rents adds ~$58,200 in annual gross rent to the $48,600 in place today.
- Prime Pratt Street location — a brick, pedestrian-only corridor at the center of downtown Hartford's Central Business District, directly across from PeoplesBank Arena.
- Historic Dillon Building — a Beaux Arts commercial building completed in 1899, a contributing property in the National Register-listed Pratt Street Historic District.
- 100+ annual street-level events on Pratt Street drive consistent foot traffic and visibility for any ground-floor business.
- Live/work flexibility — with three apartments vacant today, an owner could occupy the retail space for their business and live in the building as well.
- Buyer sets the rent roll — vacant units can be repositioned and leased on the new owner's terms, with Unit 2 leased through May 2027.
- Ongoing corridor reinvestment — Pratt Street has seen new residential and retail development nearby, reinforcing the block's continued draw as a downtown destination.
- Full control of the retail component — no existing lease to assume; buyer sets the leasing or occupancy strategy from day one.
Property Description
Goman + York Property Advisors, LLC is pleased to present 69-71 Pratt Street, a five-story mixed-use building on Hartford's historic Pratt Street — a brick, pedestrian only corridor in the heart of downtown Hartford's Central Business District. The building comprises five residential units — two leased and three vacant and ready for lease up — above a vacant ground-floor retail suite of approximately 1,808 SF, giving a buyer immediate upside and two distinct paths to value. Owner/User: Occupy the ground-floor retail suite for your own business — a rare opportunity to control a storefront on one of downtown Hartford's most active pedestrian blocks — and lease the three vacant apartments to bring residential income to a level that covers the building's operating expenses. Investor: Lease up the three vacant apartments and the retail suite at market terms to create a fully-stabilized mixed-use income property with diversified residential and commercial cash flow.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 6 |
| Year Built: | 1899 |
| Lot Size: | 0.06 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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