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Four-Family Apartment Building with Restaurant/Bar
For Sale
$749,000
Pending

114 Charter Oak Street, Manchester, CT 06040

MULTI_FAMILY - Manchester, CT

Property Size8,000 SF
Lot Size0.37 Acres
Days on Market54

Property Features for 114 Charter Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RB
Bedrooms 2
Rooms Basement, Bedroom 2, Bedroom 1
Basement Full
Lot features Level Lot
Elementary school Nathan Hale
High school Manchester
Directions GPS
Standard status Pending
Size 8,000 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 10186

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1900
Listing Agency: RE/MAX Right Choice · RE/MAX International
Listed By: Kurt Potter · License #789678
Added: Jun 13 Changed: Jul 18 Last Checked: Aug 5 at 4:06PM
MLS# 24182608

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes a four-family apartment building with an adjacent building that contains a restaurant/pub, plus another upstairs apartment unit. All buildings sit on one parcel and cannot be separated, creating a mixed residential and commercial configuration in a single ownership.

The property is located on 0.37 acres at 114 Charter Oak Street in Manchester. Parking is available in the rear of the buildings, with some areas dedicated strictly for tenants. The buildings are in good working condition, though they are older and may require ongoing upkeep. The property abuts Charter Oak Park, which has been recently reconstructed, and “The Oaks,” which is brand new.

Utilities are mostly separated, including electrical and natural gas, along with public water and public sewer service. The property was built in 1900 and has an indicated total size of 8,000 square feet, zoned RB.

Key Highlights

  • Four‑family building plus adjacent restaurant/pub building and an additional upstairs apartment unit on one parcel, not separable
  • Rear parking available with some areas dedicated strictly for tenants
  • Zoned RB

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 06040, CT

35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-family apartment building with an adjacent restaurant/pub and an upstairs unit, zoned RB with public water and sewer.
Where is this apartment building located?
The property is located at 114 Charter Oak Street Manchester, CT.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Four‑family building plus adjacent restaurant/pub building and an additional upstairs apartment unit on one parcel, not separable; Rear parking available with some areas dedicated strictly for tenants; Zoned RB
More about this property
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