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    1 Circular Ave Hamden, CT 06514

    For Lease
    $500 /Mo ($0.38 SF/Yr)

    Commercial For Lease - Hamden, CT

    Property size:
    16,000 SF
    Lot size:
    0.34 Acres
    Days on Market:
    262
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1 Circular Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    T5
    APN
    1131898
    Interior features
    Public Restrooms, Security System, Window Display
    Exterior features
    Sidewalk, Lighting
    Size
    16,000 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1926
    Floors in Building
    2
    Roof type
    Concrete
    Architectural style
    Other

    On The Mark Management LLC (203) 283-1422 [email protected]

    Listing agent Amber Ashli Berry (203) 283-1422

    Listing date Mar 19, 2025

    MLS# 24049523 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Bank Building Office Spaces

    Located at 1 Circular Avenue in Hamden, Connecticut, this historic bank building offers dynamic office spaces across three levels. The original bank vault has been converted into a large office. The building has been upgraded with new marble tile and features modern amenities, including central air, glass offices, two Xerox copy centers, multiple bathrooms, and 1000Mb business-class WiFi. Future amenities include a gym, laundry facilities, and a cafe. Situated on a high-traffic major road (Dixwell Avenue), the property is near numerous major stores and schools, and a 5-minute drive to major highways. Nearby businesses include Walmart, Home Depot, Kohls, CVS, Walgreens, Key Bank, Webster Bank, Stop & Shop, ShopRite, Planet Fitness, Edge Fitness, Staples, Panera, Wendy's, McDonald's, Burger King, Subway, Trampoline Park, and Porter & Chester Institute. Multiple spaces can be combined to accommodate businesses of any size. Heat, water, electricity, WiFi, gas, trash, and sewer are included. The property is located on a 0.34-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nagilla Group Inc. Holding Company Grateful Hair Beauty Salon McNeil Realty LLC Real Estate Agency The CHIMA™ Building | CHIMA™ ... Corporate Office Yvette McNeil, McNeil ... Real Estate Agent

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.933952
    Latitude
    41.346851

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    FAQs

    What type of property is this?
    Office space - Dynamic office spaces in a prestigious, upgraded historic bank building.
    Where is this office space located?
    The property is located at 1 Circular Ave Hamden, CT.
    What is the lease rate?
    The lease rate is $0.38 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on high-traffic Dixwell Avenue near major stores, schools, and highways.; - All utilities and WiFi included in rent (heat, water, electricity, gas, trash, sewer, 1000Mb business class WiFi).; - Flexible office spaces available, with options to combine multiple spaces.
    (203) 283-1422
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    1 Circular Ave Hamden, CT 06514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Circular Ave Hamden, CT 06514
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