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Mixed-Use Investment Opportunity, Hartford

763-767 Park St, Hartford, CT 06106

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For Sale

$750,000

Two buildings, six units, prime location, turnkey income-producing asset.

Type:Commercial

Property size:

3,635 SF

Price / SF:

$206/SF

HighLights

Mixed‑use property with 6 units (2 commercial, 4 residential) offering diverse income streams.
Turnkey laundromat business included in the sale, providing immediate income.
Long‑term jewelry store tenant (20+ years) ensures stable rental income.
Two buildings on one lot with separate entrances and independent utilities.
Prime Hartford location with excellent transit (80), and walkability (92).
Spacious residential units, including a 4‑bedroom and a 3‑bedroom apartment above the commercial space.

We can help!

Listing Contact

Carmen Valeria V Palacios-Quintana

Learn more

For Sale

$750,000

Two buildings, six units, prime location, turnkey income-producing asset.

Type:Commercial

Property size:

3,635 SF

Price / SF:

$206/SF

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

Property Features for 763-767 Park St

General Information

Standard status: Active
Size: 3,635 SF
Property subtype: Commercial

Building Details

Year Built: 1925

We can help!

Listing Contact

Carmen Valeria V Palacios-Quintana

Listing agent Carmen Valeria V Palacios-Quintana

Listing office Premier Properties of CT

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 Premier Properties of CT

HighLights

Mixed‑use property with 6 units (2 commercial, 4 residential) offering diverse income streams.
Turnkey laundromat business included in the sale, providing immediate income.
Long‑term jewelry store tenant (20+ years) ensures stable rental income.
Two buildings on one lot with separate entrances and independent utilities.
Prime Hartford location with excellent transit (80), and walkability (92).
Spacious residential units, including a 4‑bedroom and a 3‑bedroom apartment above the commercial space.

Overview

This mixed-use investment opportunity features two buildings situated on a single lot, comprising a total of six units. The property includes two commercial units and four residential units. The front building, spanning approximately 3,635 square feet, houses a jewelry storefront with a long-term tenant of over 20 years. Additionally, there is a laundromat storefront owned and operated by the seller. Above the commercial space, the building contains two residential units: one with four bedrooms on the second floor and another with three bedrooms on the third floor. The rear building is a two-family residential property totaling approximately 1,746 square feet, with two-bedroom apartments on both the first and second floors. Both buildings have separate entrances and fully independent utilities. The sale includes the laundromat business, equipped with 10 washers and dryers. The location has a walk score of 92, indicating it is a walker's paradise, a bike score of 59, indicating it is bikeable, and a transit score of 80, indicating excellent transit.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$94.7k	$26.04
− Vacancy	−$5.5k	−$1.51
EGI	$89.2k	$24.53
− OpEx	−$40.1k	−$11.04
NOI	$49.0k	$13.49

3,635 SF · lease $26.04/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$700.6K

$613.0K – $817.4K (±1% cap)

NOI $49,041 @ 7.0% cap · market cap 6.54%

Second Best

Specialty Retail

$687.9K

$602.0K – $802.6K (±1% cap)

NOI $48,156 @ 7.0% cap · market cap 6.42%

Theoretical Best

Office A

$1.08M

$948.1K – $1.26M (±1% cap)

NOI $75,844 @ 7.0% cap · market cap 10.11%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Location Insight

Map
Local Demand

City: Hartford
County: Hartford
State: Connecticut
Longitude: -72.689871
Latitude: 41.7580057

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For sale
Mixed-use properties
CT
Hartford
06106
763-767 Park St

What type of property is this?

Mixed-use property - Two buildings, six units, prime location, turnkey income-producing asset.

Where is this mixed-use property located?

The property is located at 763-767 Park St Hartford, CT.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Mixed‑use property with 6 units (2 commercial, 4 residential) offering diverse income streams.; **Turnkey laundromat business included in the sale, providing immediate income.**; **Long‑term jewelry store tenant (20+ years) ensures stable rental income.**