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    1695 State St Hamden, CT 06517

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    For Sale
    $399,000

    Fully renovated mixed-use building with restaurant and apartment.

    Lot size:
    0.17 Acres

    Property Features for 1695 State St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1900

    Source: William Raveis Real Estate Agent John Armellino

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

    Overview

    Renovated Mixed-Use Building For Sale

    This mixed-use building, renovated in 2021, features a restaurant space on the main level and a two-bedroom apartment upstairs. The property benefits from a location with high visibility and an average daily traffic count of 15,100. The building was completely gutted, rebuilt, and expanded, with upgrades including 400 AMP electrical service, new plumbing, siding, windows, HVAC, and a new drainage system. A newly paved parking lot provides on-site parking. The full basement offers storage space. This property is suitable for either investment or owner-occupancy.
    Insight Report Location Intelligence

    Current Use by Public Records

    Soul Greedy Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8976544
    Latitude
    41.3288618

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    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use building with restaurant and apartment.
    Where is this mixed-use property located?
    The property is located at 1695 State St Hamden, CT.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Fully renovated in 2021: Gutted, rebuilt, and expanded, offering a modern, turnkey property.; - Prime, high-visibility location on Route 5 with 15,100 Average Daily Traffic.; - Mixed-use building: Features a restaurant space and a 2-bedroom apartment for flexible use (live/rent).
    (203) 671-1601
    Request Owner's contact information
    1695 State St Hamden, CT 06517
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    Hamden, CT 06517
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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
    1695 State St Hamden, CT 06517
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