Realmo Analytics

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Property profile

407 Main St 101b Hartford, CT 06106

FOR SALE
Other commercial real estate
Property ID
US15-0580751
1,492 SF Built 1895
Last sale May 2014 · $20,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 407 Main Street in Downtown Hartford, Connecticut, this historic commercial property was constructed in 1895 and contains approximately 4,883 square feet of restaurant space. The space is set up for restaurant operations and includes existing restaurant equipment and furnishings, with layout and finishes consistent with a full-service dining use. It is situated within a mixed-use area surrounded by businesses, cultural venues, and nearby residential communities, and is close to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$74k
Assessed improvement$74k
Effective rate6.89%

Value estimate

· Oct 2026
$80k
$72k – $88k
AI approach$65k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 4.95% cap applied$20k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$87/SF
Submarket average, outlier-cleaned · 317 recorded sales of this use type
Observed band · Q1–Q3$47 – $142
Qualifying comparables11

Cap rate analysis

How does the asset earn?
4.95%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DT-3
The DT districts are intended to regulate for the highest intensity of development in the city, while respecting the historic building sc...
General categoryCOMMERCIAL
JurisdictionHARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.9
Storage Facility9.9
Laundromat9.0

Location

407 Main St, Unit 101b Hartford, CT 06106
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 Main St, Hartford, CT 06103-3005 $125,000 Aug 2024 1,607 SF
218 Trumbull, Hartford, CT 06103-2205 $4,750,000 Jun 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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