The longtime showroom for Connecticut Home Interiors in West Hartford was sold Wednesday for $2.4 million.
Tom Hall, the 83-year-old owner of the building at 830 Farmington Ave., confirmed Thursday that he sold the building his business has occupied for 41 years to his listing agent, Michael Guidicelli of Regions Commercial Real Estate Advisors.
The building is one story but has a loft/mezzanine level and basement storage. Combined, the space is about 54,000 square feet. The sale includes 0.68 acres of land.
Both men said the sale also includes an agreement for the furniture store to lease the property for at least one year.
“We took a good, good lease arrangement, and we’re going to be there for a while and just keep selling,” Hall said, adding that he has no specific date in mind for when he might retire.
Guidicelli, who acquired the property under the business name 830 Kinslei LLC, said Hall has “earned the right” to keep his business in the building.
“Tom’s a legend,” he said. “He’s a smart entrepreneur, and even at 83 he runs his business better than most. With that level of experience, if he wants to keep working, it’s up to him. He takes priority.”
Guidicelli had helped Hall sell a separate 10,000-square-foot, one-story warehouse he owned at 453 New Park Ave., in West Hartford. That building was sold at auction in October for just over $1 million to Ben Weinfeld, a real estate investor and principal in Countrywide Stone & Marble in New York.
As a condition of the winning bid, Weinfield was required to lease the New Park Avenue building back to Hall for one year for $100,000.
Guidicelli said that in addition to his work as a commercial real estate broker, he has acquired and redeveloped buildings, including properties in Meriden and Marlborough. Unlike those, however, the building at 830 Farmington Ave., is “alive and already performing,” he said.
He noted that he also owns the property adjacent to Connecticut Home Interiors, at 820 Farmington Ave., a 12,140-square-foot mixed-use office building he acquired for $525,000 in February 2022. He said owning that property, as well as deals he has arranged with other neighboring property owners, will help resolve some parking issues for whatever happens with the Connecticut Home Interiors building in the future.
Until that decision is reached, Guidicelli said, he does not have any definitive plans for the future of the building.
Hall said the sale and lease agreement means nothing will change for his business and its nine employees for now.
“We’re still going to keep doing our same thing, selling high-quality furniture like we have for 41 years,” he said.
