Auto Repair Property with Two
For Sale
$625,000
1096 Quinnipiac Avenue, New Haven, CT 06513
Two service buildings offer repair equipment, overhead doors, and an upper-level apartment.
Property Size3,002 SF
Lot Size1.08 Acres
Price / SF$208.19
Days on Market515
Property Features for 1096 Quinnipiac Avenue
General Information
Standard status
Active
Size
3,002 SF
Total Parking Spaces
200
Lot size
1.08 Acres
Property subtype
Commercial
Zoning
BA
Site & Location
Neighborhood
Fair-Haven_heights
Road Access
Yes
Fenced Yard
Yes
Automotive
Service Bays
3
Automotive Uses
auto repair, dealership/vehicle sales
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Amenities
lifts
pit
overhead doors
half bathroom
industrial air compressor
gas heating
1 bedroom apartment
office
bathroom
storage loft
Building Details
Building Size
3,002 SF
Year Built
1925
Buildings
2
Stories
1
Units
2
Listing Agency:
Coldwell Banker Realty
(203) 481-4571
Listed By:
Barbara Altieri
(203) 430-3430
Source:
Dancombsre
Added: May 28, 2025
Changed: Oct 23
Last Checked: Oct 23 at 10:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
An auto repair and used-car operation occupies a fenced, 1.08-acre property formed by two parcels at the intersection of Quinnipiac Avenue and Essex Street. The main building is approximately 2,800 square feet, with two vehicle lifts, a service pit, six overhead doors, a half bathroom, and a gas heating system. An industrial air compressor is piped through the building. Its upper floor contains a one-bedroom apartment available for rental.
A second building measures approximately 840 square feet and includes two overhead doors, a small office, a bathroom, heating, and loft storage accessed by pull-down stairs. The property accommodates approximately 200 vehicles. Zoning is BA; environmental reports are attached, and the property is described as environmentally compliant. A business license is available with the sale, subject to the buyer completing required state documents. The property was built in 1925.
A second building measures approximately 840 square feet and includes two overhead doors, a small office, a bathroom, heating, and loft storage accessed by pull-down stairs. The property accommodates approximately 200 vehicles. Zoning is BA; environmental reports are attached, and the property is described as environmentally compliant. A business license is available with the sale, subject to the buyer completing required state documents. The property was built in 1925.
Key Highlights
- Two parcels total 1.08 acres at Quinnipiac Avenue and Essex Street
- Main building is approximately 2,800 square feet, with two lifts, a service pit, and six overhead doors
- Upper level includes a one‑bedroom apartment available for rental
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,348
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,960
$867.0K
Cap Rate 7%
$619,257
$619.3K
Cap Rate 9%
$481,644
$481.6K
Market Conditions
NOI Build-Up for 3,002 SF
Gross rent
$64.8K $21.60/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$61.9K $20.63/SF
− OpEx
−$18.6K −$6.19/SF
NOI
$43.3K $14.44/SF
Area
New Haven, CT
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,960
Cap Rate 7%
$619,257
Cap Rate 9%
$481,644
Alternative Uses
Best Use
Retail
$619.3K
$541.9K – $722.5K
NOI $43,348 @ 7.0% cap · market cap 6.94%
Second Best
Industrial
$410.7K
$359.3K – $479.1K
NOI $28,747 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$965.7K
$845.0K – $1.13M
NOI $67,597 @ 7.0% cap · market cap 10.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Service bays
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
347
Businesses Nearby
241k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Dining 36%
Shops & Services 12%
Home Improvements & Furnishings 10%
Walmart
Superstores
96,844 visits/mo
0.2 miles
McDonald's
Dining
33,366 visits/mo
0.3 miles
Lowe's
Home Improvements & Furnishings
23,791 visits/mo
0.4 miles
Burger King
Dining
14,508 visits/mo
0.4 miles
Taco Bell
Dining
11,875 visits/mo
0.3 miles
Demographics for 06513, CT
38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in New Haven, CT
Similar Off Market Nearby
- Lynx Affordable Car Glass — 135 Grand Ave, New Haven, CT 06513
- Personal Touch Car Wash — 490 Foxon Blvd, New Haven, CT 06513
- Safelite AutoGlass — 23 Michael St, East Haven, CT 06513
- Daddio's Service & Repair — 19 Michael St, East Haven, CT 06513
- Prolube — 310 Foxon Blvd, New Haven, CT 06513
Frequently Asked Questions
What type of property is this?
Auto shop - Two service buildings offer repair equipment, overhead doors, and an upper-level apartment.
Where is this auto shop located?
The property is located at 1096 Quinnipiac Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two parcels total 1.08 acres at Quinnipiac Avenue and Essex Street; Main building is approximately 2,800 square feet, with two lifts, a service pit, and six overhead doors; Upper level includes a one‑bedroom apartment available for rental
