Listing Agency: Acorn Group Show Phone

Listed By: Michael DiMartino

Source: Moodyscre

Added: May 19, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:33AM

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Investment Insights

Based on property information with market context.

The Chester is a 21,000 square foot former library undergoing renovation and updates to become medical, commercial, and office space. Located adjacent to University Commons, the property offers spaces available across three levels. On-site parking is available. The property size is 6,758 square feet.

Key Highlights

• 21,000 sf former library being renovated.
• Located adjacent to University Commons.
• Suitable for medical/commercial/office space.

Property Analytics

Property Profile

Current Use

Louis J Piantino ... Public Library Allingtown Senior Center Community Center

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Auto Parts Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

512

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for W Haven, CT

$21.22 /SF/Yr

Avg Asking Price

$2.49–$44.31 /SF/Yr

Price Range

4,246 SF

Avg Space Size

This space is priced 29% below the average of $21.22 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - 21,000 SF renovated space near University Commons.

Where is this medical office space located?

The property is located at 1 Forest Rd W Haven, CT.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: 21,000 sf former library being renovated.; Located adjacent to University Commons.; Suitable for medical/commercial/office space.