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Mixed-Use Property with Income Potential

450 Franklin Ave, Hartford, CT 06114

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For Sale

$2,599,000

Fully occupied mixed-use property with 12 apartments and 5 commercial units.

Type:Commercial

Listing Contact

Lani Liu-Helisch

Real Estate License ID: REB.0788679

HighLights

Fully occupied mixed‑use property with 12 apartments and 5 commercial units.
Separate utilities for all units.
Renovated in the late 90s including new sheetrock, doors, door frames, windows and window frames.
12 parking spaces for residential tenants.
High foot traffic area benefiting commercial tenants.
Seller to pay for new pavement in front and repair back parking lot.

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For Sale

$2,599,000

Fully occupied mixed-use property with 12 apartments and 5 commercial units.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:40 pm

Property Features for 450 Franklin Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1915

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Listing Contact

Lani Liu-Helisch

Listing agent Lani Liu-Helisch License #REB.0788679

Listing office Sovereign Properties

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Sovereign Properties

HighLights

Fully occupied mixed‑use property with 12 apartments and 5 commercial units.
Separate utilities for all units.
Renovated in the late 90s including new sheetrock, doors, door frames, windows and window frames.
12 parking spaces for residential tenants.
High foot traffic area benefiting commercial tenants.
Seller to pay for new pavement in front and repair back parking lot.

Overview

This is a mixed-use property featuring 12 one-bedroom apartments and 5 commercial units. The property is fully occupied, with many long-term tenants. Each unit has separate utilities. Renovations were completed in the late 1990s, including new sheetrock on all walls in the apartments and hallways, and replacement of all doors, door frames, windows, and window frames. All electric and gas meters have been replaced. There are 12 parking spaces available for the residential tenants, located at the side of the building and on the street. The area experiences heavy foot traffic, which benefits the commercial tenants. Current commercial tenants include a Chinese restaurant, grocery store, laundromat, check and cash business, and nail salon. The seller will pay for new pavement in front of the building and repair the back parking lot with a new coating. The laundromat business can be sold together with the property at the buyer's option. The bike score is 45, indicating it is somewhat bikeable. The walk score is 66, indicating it is somewhat walkable. The transit score is 44, indicating some transit options are available.

Location Intelligence

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Yummy Yummy Chinese ... Restaurant Mr. Hibachi Restaurant Hartford Denture Center Dental Office

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Local Demand

City: Hartford
County: Hartford
State: Connecticut
Longitude: -72.6749952
Latitude: 41.7368775

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For sale
Mixed-use properties
CT
Hartford
06114
450 Franklin Ave

What type of property is this?

Mixed-use property - Fully occupied mixed-use property with 12 apartments and 5 commercial units.

Where is this mixed-use property located?

The property is located at 450 Franklin Ave Hartford, CT.

What is the asking price?

The asking price for this property is $2,599,000.

What are key features of this property?

This property features: Fully occupied mixed‑use property with 12 apartments and 5 commercial units.; Separate utilities for all units.; Renovated in the late 90s including new sheetrock, doors, door frames, windows and window frames.