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$899,000
Est. payment /mo
4,328 SqFt
UPDATED:
12/11/2024 06:58 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,328 sqft
Price per Sqft $207
MLS Listing ID 24062587
Year Built 1925
Annual Tax Amount $12,562
Lot Size 6,534 Sqft
Property Description
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.
Location
State CT
County New Haven
Zoning T4
Interior
Heating Hot Air
Cooling Wall Unit
Exterior
Parking Features Off Street Parking
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Flat,Rubber
Building
Lot Description Corner Lot
Foundation Block, Masonry
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Konstantinos Milas • Milas Realty Advisors
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