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    10 Hemingway Ave East Haven, CT 06512

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    For Sale
    $2,350,000

    11,240 SF retail building with drive-thru on 1.28 acres.

    Property size:
    11,240 SF
    Lot size:
    1.18 Acres

    Property Features for 10 Hemingway Ave

    General Information

    Size
    11,240 SF
    Lot size
    1.18 Acres

    Source: O,R&L Commercial, LLC Agent Samuel Crampton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Drive-Thru

    This 11,240 square foot retail building includes a drive-thru and is situated on a 1.28-acre lot. The property, formerly a Rite-Aid, has 53 parking spaces, a ratio of 4.72 spaces per 1,000 square feet. It is located at a four-way intersection with a traffic light on Route 142, also known as Short Beach and Coe Avenue, where the current average daily traffic is 21,300 vehicles. The property is in close proximity to the proposed new entrance of Tweed Airport, which may increase traffic flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Rite Aid Drug Store Rite Aid Photo Photo Lab Jihad Elkareh Pharmacy Shannielle Antonelli Pharmacy

    Suggested Use

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

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

    Similar Places Nearby

    Rite Aid Pharmacy, Platinum Prep Meals, Jihad Elkareh, Shannielle Antonelli, Eugene Kim

    Location Insight

    • Map
    • Local Demand
    City
    East Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8726243
    Latitude
    41.2667838

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    FAQs

    What type of property is this?
    Drug store - 11,240 SF retail building with drive-thru on 1.28 acres.
    Where is this drug store located?
    The property is located at 10 Hemingway Ave East Haven, CT.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - High-traffic location at a 4-way intersection with traffic light (Route 142 / Short Beach & Coe Ave) and 21,300 ADT; - 11,240± SF Retail Building with Drive-thru; - Ample parking with 53 spaces (4.72/1,000 SF)
    (203) 343-8426
    Request Owner's contact information
    10 Hemingway Ave East Haven, CT 06512
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    East Haven, CT 06512
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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
    10 Hemingway Ave East Haven, CT 06512
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