Financial
Distress signals
Property profile

10 Capitol Ave Hartford, CT 06106

FOR SALE
Other commercial real estate
Property ID
US15-0911628
3,391 SF Built 1895
Last sale Jul 2023 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 407 Main Street, Hartford, CT 06103 is a historic commercial building constructed in 1895, located in Downtown Hartford. It contains approximately 4,883 square feet of commercial space configured as a restaurant setting, with existing restaurant equipment and furnishings included with the sale. The building is situated within a mixed-use urban area near cultural attractions, theaters, museums, art galleries, office buildings, and public transportation, and it offers views of the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$169k
Assessed improvement$169k
Effective rate6.89%

Value estimate

· Sep 2026
$185k
$167k – $204k
AI approach$180k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$8k
Operating expenses−$22k
NOI · 21.56% cap applied$65k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$36 – $95
Qualifying comparables5

Cap rate analysis

How does the asset earn?
21.56%
$65k 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

10 Capitol Ave Hartford, CT 06106
County assessor Recorded deeds · 5 transfers 5 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 12th New Park, Hartford, CT 06106-2971 $200,000 Sep 2024 1,400 SF
49 Grand, Hartford, CT 06106-4605 $65,000 Dec 2023 2,864 SF
148 Bartholomew, Hartford, CT 06106-2903 $50,000 Feb 2022 10,668 SF
302 White, Hartford, CT 06106-4302 $125,000 Dec 2020 4,200 SF
275 Park, Hartford, CT 06106-1640 $139,900 Jul 2020 5,150 SF
1420 Park, Hartford, CT 06106-2209 $300,000 Jun 2019 10,010 SF
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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