231 Hamilton st 231 Hamilton St 3 Unit Apartment Building $600,000 ($200,000/Unit) 8% Cap Rate Hartford, CT 06106

Mixed-Use Investment Opportunity | 231 Hamilton St | Hartford, CT | CX-1 Zoning
Prime mixed-use asset offering strong income potential and flexible CX-1 (Neighborhood Commercial) zoning. The property consists of a restaurant/bar space with a Type 2 commercial kitchen, plus two separate residential apartments totaling five bedrooms, located beside the commercial unit.
The commercial space is already built out for food and beverage use, making it ideal for a bar, café, takeout concept, social club, or neighborhood restaurant. The Type 2 kitchen setup supports non-grease-laden cooking operations, providing a cost-efficient entry point for many food concepts.
Unlike traditional vertical mixed-use properties, the residential units are positioned adjacent to the commercial space — creating operational separation while still allowing for diversified income streams. This layout can be appealing for both investors and owner-operators seeking privacy between uses.
Property Highlights:
Mixed-use configuration (Retail + Residential)
CX-1 zoning (Neighborhood Commercial)
Restaurant/bar space with Type 2 kitchen
Two residential apartments | 5 total bedrooms
Separate residential layout beside commercial unit
Strong income diversification
Ideal for investor or owner-operator
Strategically located in Hartford with convenient access to major routes and surrounding neighborhood amenities, this property presents an excellent opportunity for stable income with value-add upside.