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$2,599,000 -$201,000 (-7.18%) Price Reduced
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Property Description
Solid mixed use property. 12 good sized one bedroom apartments and 5 commercial units. All separate utilities. Fully occupied. Most of them are long term tenants. This building was completely renovated in the late 90s. New sheetrock has been installed on all walls in all apartments and hallways. All doors, door frames, windows and window frames have been replaced, so you have peace of mind with the lead paint issue. All electric meters and gas meters have been replaced at some point. there are 12 parking spaces for the residential tenants. parking at side of the building and on the street. Heavy foot traffic generates good business for the commercial tenants. Typical neighborhood business , Chinese Restaurant, Grocery store, Laundromat, Check and Cash and Nail Salon, as these business are all doing well. Seller to pay for new pavement in front of the building, and to repair back parking lot with a new coasting. Laundromat business can be sold together at buyer's option.
Full Property Details
Full Property Details for 450 Franklin Ave
General
- Price: $2,599,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24144813
- Updated: 2/25/2026
- Added to Site: 74 day(s) ago
Interior
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 17
- Full Bathrooms: 12
- Half Bathrooms: 5
- Restrooms: 17
Parking
- Uncovered Spaces: 17
Location
- County: Hartford
- Driving Directions: GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable
Structural Information
- Roof: Flat, Tar/Gravel
- Amps: 400
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 15,429
- Sq. Ft. Source: Public Records
- Living Area: 10,000 Sq. Ft.
- Current Bldg. Use: Mixed use
- Retail: 5,429 Sq. Ft.
- Year Built: 1915
Unit Information
- # Tenants: 17
Unit 1
- Unit Description: 1 Bedroom
- Square Feet: 800
- Total Bathrooms: 12
Unit 2
- Unit Description: Retail
- Square Feet: 1000
- Total Bathrooms: 5
- Partial Bathrooms: 5
Lot Features
- Lot Size (Acres): 0.31
- Frontage: Municipal Street
- Frontage Feet: 25
- Present Use: Mixed use
- Zoning: MS-2
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $435,330
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Property ID: 596777
Listed by Sovereign Properties, Lani Liu-Helisch
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Schools
Schools serving 450 Franklin Ave
School District:Hartford School District
| Name | Grades | Distance |
|---|---|---|
Asian Studies School At Dwight/Belizzi School 215 South Street, Hartford, CT 06114 | PK-8 | 0.3 mi |
Dr. James H Naylor/Ccsu Leadership Academy 639 Franklin Avenue, Hartford, CT 06114 | PK-8 | 0.4 mi |
M. D. Fox Compact School 470 Maple Avenue, Hartford, CT 06114 | PK-8 | 0.7 mi |
Burr School 400 Wethersfield Avenue, Hartford, CT 06114 | PK-8 | 0.6 mi |
Bulkeley High School Upper School 395 Lyme Street, Hartford, CT 06112 | 9-12 | 4.9 mi |
Renzulli Academy 85 Woodland Street, Hartford, CT 06105 | 4-8 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 450 Franklin Ave
Date
Details
Price
Change
Source
2/25/2026
Price Reduced
$2,599,000
-7.18%
MLS
12/13/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 450 Franklin Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,016
—
$435,330
—
2023
$30,016
—
$435,330
—
2022
$30,016
-9%
$435,330
-2%
2021
$32,902
—
$442,890
—
2020
$32,902
—
$442,890
—
2019
$32,902
—
$442,890
—
2018
$32,902
3%
$442,890
3%
2016
$32,029
8%
$431,130
8%
2015
$29,741
8%
$400,335
8%
2014
$27,453
105%
$369,540
105%
2011
$13,361
—
$179,843
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 450 Franklin Ave
450 Franklin Avenue, Hartford, CT 06114 (MLS# 24144813) is a Commercial property. 450 Franklin Avenue is currently listed for $2,599,000 and was received on December 13, 2025. Want to learn more about 450 Franklin Avenue? Do you have questions about finding other Commercial real estate for sale in Hartford? You can browse all Hartford real estate or contact a Coldwell Banker agent to request more information.

