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This commercial property offers 4,328 square feet of versatile space, ideal for retail or mixed-use purposes. 3 units, occupied by;1st unit is a popular neighborhood restaurant, check cashing services (in which both have been in business for decades), and storage/warehouse space as it is currently used or it can be utilized as office space as in the past or retail conversion. Separate utilities. Current Gross Monthly Income $7,185 with a 7.1% Cap Rate, Pro-Forma. This property is ideal for an investor who wants a solid return on their investment or for a future owner-operator. Possible room for expansion. The location is a diverse mix of national and local businesses which contributes to a vibrant commercial environment, attracting a steady flow of customers to the area. Hamden's commercial real estate market is poised for steady growth over the next decade, supported by its economic drivers and strategic location. Real Estate Only for Sale. Seller Financing Available.
| DAYS ON MARKET | 2 | LAST UPDATED | 12/2/2024 |
|---|---|---|---|
| YEAR BUILT | 1925 | COUNTY | New Haven |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Block, Concrete |
| HEAT | Forced Air |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Corner Lot |
| PARKING | Off Street |
| SEWER | Public Sewer |
| TAXES | 12562 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
| ZONING | T4 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing courtesy of Milas Realty Advisors
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