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Renovated Mixed-Use Building
New
For Sale
$765,000

654 Park Street, Hartford, CT 06106

Vacant asset combines residential units with flexible ground-floor commercial space.

Property SizeContact for details
Days on Market3

Property Features for 654 Park Street

General Information

Standard status Active
Property subtype Multi Family
Zoning MS-1

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: Oxford Realty
Listed By: Shay Hugo Vaezzadeh · License #RES.0827220
Source: Capmarkrealty
Added: Sep 22 Last Checked: Sep 22 at 2:05PM

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 Oxford Realty

Investment Insights

Based on property information with market context.

Located at 654 Park Street in Hartford, this mixed-use property has been comprehensively rebuilt and is being delivered vacant. The renovation included new plumbing, electrical, mechanical systems, doors, fire protection, and roofing, supporting a recently updated operating profile. The building was originally constructed in 1920 and is zoned MS-1.

Four oversized residential units feature open layouts and contemporary finishes, with separate utilities for each unit. Two commercial spaces occupy the ground floor and can accommodate retail, office, or service uses. Additional area is available for laundry or storage, while the absence of existing leases gives the next owner flexibility to establish a new tenancy plan.

Key Highlights

  • Four oversized residential units with open layouts and modern finishes
  • Two ground‑floor commercial spaces for retail, office, or service uses
  • Fully rebuilt with new plumbing, electrical, mechanicals, doors, fire protection, and roof

Property Analytics

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Current Use

Fashion Box Ltd Clothing & Fashion Store

Suggested Use

Top Pick Locksmith Veterinary Clinic Pet Store & Service (Bike/Boat/Book/etc) Store Restaurant Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,911
Businesses Nearby

Demographics for 06106, CT

38,036
Population
16,938
Households
2.2
Avg Household Size
33
Median Age
17%
College-Educated
70%
High-School Grad
4.2 sq mi
ZIP Area
9,056
Density / Sq Mi
$47,542
Median Household Income
$31,395
Median Earnings
$1,237
Median Rent
$201,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Vacant asset combines residential units with flexible ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 654 Park Street Hartford, CT.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Four oversized residential units with open layouts and modern finishes; Two ground‑floor commercial spaces for retail, office, or service uses; Fully rebuilt with new plumbing, electrical, mechanicals, doors, fire protection, and roof
More about this property
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