March 21, 2018
Deal Watch Today

Hartford apt. high-rise for sale

PHOTO | 250MAINSTREETAPARTMENTS.COM
PHOTO | 250MAINSTREETAPARTMENTS.COM
Downtown Hartford's 250 Main St. Apartments.

A 214-unit, high-rise apartment building on the southern edge of downtown Hartford is for sale, brokers say.

Listing broker Institutional Property Advisors (IPA) says the nine-story 250 Main Street Apartments is offered by landlord Charter Oak Square LLC, which is accepting open offers for the property.

The city lists the property's 2017 grand-list fair market value at $12.82 million, records show.

Built in 1988, it contains 18,154 square feet of streetfront retail and more than 273,000 square feet of living space carved into 32 one- and 182 two-bedroom apartments, and nine retail units. The average apartment size is 884 square feet, according to IPA, a division of commercial broker Marcus & Millichap.

250 Main Street Apts. also sits near downtown's Front Street entertainment district, where UConn last August opened its downtown campus in the restored former Hartford Times building and a newly erected apartment building.

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