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231 Hamilton St
Hartford, CT 06106
231 Hamilton st · Multifamily Property For Sale · 3 Units

Executive Summary

Mixed-Use Investment Opportunity | 231 Hamilton St | Hartford, CT | CX-1 Zoning
Prime mixed-use asset offering strong income potential and flexible CX-1 (Neighborhood Commercial) zoning. The property consists of a restaurant/bar space with a Type 2 commercial kitchen, plus two separate residential apartments totaling five bedrooms, located beside the commercial unit.
The commercial space is already built out for food and beverage use, making it ideal for a bar, café, takeout concept, social club, or neighborhood restaurant. The Type 2 kitchen setup supports non-grease-laden cooking operations, providing a cost-efficient entry point for many food concepts.
Unlike traditional vertical mixed-use properties, the residential units are positioned adjacent to the commercial space — creating operational separation while still allowing for diversified income streams. This layout can be appealing for both investors and owner-operators seeking privacy between uses.
Property Highlights:
Mixed-use configuration (Retail + Residential)
CX-1 zoning (Neighborhood Commercial)
Restaurant/bar space with Type 2 kitchen
Two residential apartments | 5 total bedrooms
Separate residential layout beside commercial unit
Strong income diversification
Ideal for investor or owner-operator
Strategically located in Hartford with convenient access to major routes and surrounding neighborhood amenities, this property presents an excellent opportunity for stable income with value-add upside.

Property Facts

Price Per Unit $276,140 CAD
Sale Type Investment
Cap Rate 8%
No. Units 3
Property Type
Multifamily
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
Building Size 3,452 SF
Average Occupancy 75%
No. Stories 2
Year Built 1950
Opportunity Zone Yes
Zoning CX-1 - The CX-1 (Neighborhood Commercial) zoning district is intended to support small-scale commercial uses that serve the surrounding residential neighborh

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+2.5 3 - -

Property Taxes

Property Taxes

Parcel Number
HTFD-000160-000488-000051
Land Assessment
$24,356 CAD
Improvements Assessment
$291,493 CAD
Total Assessment
$315,849 CAD
  • Listing ID: 39376361

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 231 Hamilton St, Hartford, CT 06106

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