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Turnkey Mixed-Use Investment Building

1242 Whitney Avenue Hamden, CT 06517

1242 Whitney Avenue, Hamden, CT, 06517

$799,900

For Sale

$799,900

COMMERCIAL - Hamden, CT

Property Size5,058 SF

Lot Size0.18 Acres

Price / SF$158.15

AddedMar 25

Days on Market114

Last RefreshJul 16 at 10:06 am

Property Features for 1242 Whitney Avenue

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: T3.5
Bathrooms: 3
Rooms: Bathroom 3, Bathroom 2, Bathroom 1
Standard status: Active
Size: 5,058 SF
Lot size: 0.18 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 18318

Utilities

Sewer type: Public Sewer
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1900
Floors in Building: 2

Listing agent Mark Foreman License #RES.0827812

Listing office Press/Cuozzo Realtors 2751 Dixwell Avenue, Hamden, CT

Listing date Mar 25, 2026

MLS# 24161856

Investment Insights

Based on property information with market context.

1242 Whitney Avenue is a well-maintained, fully occupied mixed-use building featuring two established retail tenants on the ground floor and a fully leased residential apartment on the second floor. The property includes a full basement for storage and six paved off-street parking spaces. Recent building improvements include a new roof installed in 2023. In the Soup Girl unit, new A/C, furnace, and a hot water heater were installed.

Located in the Whitneyville neighborhood of Hamden, the building offers quick access to downtown New Haven and is described as minutes from Yale University, Quinnipiac University, major employment centers, and key transportation routes.

The property is listed under zoning T3.5.

Key Highlights

Mixed‑use investment building fully occupied with two ground‑floor retail tenants and one fully leased residential apartment
Six paved off‑street parking spaces
Full basement for storage

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$109.3k	$21.60
− Vacancy	−$4.9k	−$0.97
EGI	$104.3k	$20.63
− OpEx	−$31.3k	−$6.19
NOI	$73.0k	$14.44

5,058 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Apartment 5plus

$1.13M

$990.3K – $1.32M (±1% cap)

NOI $79,222 @ 7.0% cap · market cap 9.90%

Second Best

Retail

$1.04M

$912.9K – $1.22M (±1% cap)

NOI $73,035 @ 7.0% cap · market cap 9.13%

Theoretical Best

Office A

$1.63M

$1.42M – $1.90M (±1% cap)

NOI $113,892 @ 7.0% cap · market cap 14.24%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Soup Girl Take-out & Catering The Scoop Girl Grocery & Convenience Store

Suggested Use

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For sale
Mixed-use properties
CT
Hamden
06517
1242 Whitney Avenue

What type of property is this?

Mixed-use property - Fully occupied mixed-use building with two ground-floor retail tenants and a leased second-floor apartment, plus six paved off-street spaces.

Where is this mixed-use property located?

The property is located at 1242 Whitney Avenue Hamden, CT.

What is the asking price?

The asking price for this property is $799,900.

What are key features of this property?

This property features: Mixed‑use investment building fully occupied with two ground‑floor retail tenants and one fully leased residential apartment; Six paved off‑street parking spaces; Full basement for storage

1242 Whitney Avenue Hamden, CT 06517

COMMERCIAL - Hamden, CT

Property Features for 1242 Whitney Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Two-Story Specialty Building

Two-Family Home with Detached Garage

Corner Brick Retail Building

Two-Family Residential Income Property

Move-In Condition Triplex on Corner Lot

Turnkey Liquor Store

Professional Office Building with Income

Industrial Flex Warehouse

Hamden Mixed-Use Development Opportunity

Turnkey Bar and Restaurant with Kitchen

Dixwell Avenue Commercial Assemblage Opportunity

Light Industrial Building with Docks

FAQs