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Mixed-Use Property With Apartments
For Sale
$749,900
Pending

114 Charter Oak Street, Manchester, CT 06040

Commercial For Sale, Manchester, CT

Property SizeContact for details
Lot Size0.37 Acres
Days on Market81

Property Features for 114 Charter Oak Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning RB
Directions GPS
Standard status Pending
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: Aug 27 Last Checked: Sep 1 at 4:06PM
MLS# 24182627

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 mixed-use property combines a four-family building with a neighboring restaurant/pub structure that also includes an apartment above. The improvements remain in good working condition, while their older construction calls for ongoing upkeep. The buildings are held together on one parcel and cannot be separated.

The 0.37-acre property includes rear parking serving the various uses, with some spaces reserved for residential tenants. Utilities are mostly separated, including electrical and natural gas service, along with public water and public sewer. Built in 1900, the property is zoned RB and sits adjacent to Charter Oak Park and the Oaks. Main Street shops, restaurants, and entertainment are within walking distance.

Key Highlights

  • Four‑family building paired with a restaurant/pub and an additional upstairs apartment
  • 0.37‑acre parcel with rear parking, including spaces dedicated to tenants
  • Mostly separated electrical and natural gas utilities

Property Analytics

Current Use

Quadplexes

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined residential and restaurant/pub improvements occupy one parcel with rear parking and separate tenant-dedicated spaces.
Where is this mixed-use property located?
The property is located at 114 Charter Oak Street Manchester, CT.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Four‑family building paired with a restaurant/pub and an additional upstairs apartment; 0.37‑acre parcel with rear parking, including spaces dedicated to tenants; Mostly separated electrical and natural gas utilities
More about this property
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