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    376 Whalley Ave New Haven, CT 06511

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    For Sale
    $2,950,900

    Three-story commercial building with income potential on Whalley Avenue.

    Lot size:
    0.37 Acres

    Property Features for 376 Whalley Ave

    General Information

    Lot size
    0.37 Acres

    Building Details

    Year built
    1900

    Source: Century 21 AllPoints Realty Agent Mimi Perrotti

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

    Overview

    Three-Story Commercial Building on Whalley

    This three-story commercial building is located on Whalley Avenue. The first floor has three of four spaces leased, offering immediate income and an opportunity for value addition through lease-up. The second and third floors are suitable for office conversion, creative studios, medical suites, residential lofts, or mixed-use redevelopment. The property is situated in a high-visibility, high-traffic location and features ample parking in the rear. It also offers convenient access to major routes, Yale University, and Downtown New Haven. This property delivers location, flexibility, and upside potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Law Offices of Mark ... Personal Injury Attorney H&R Block Tax Preparation Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9458194
    Latitude
    41.3175063

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    FAQs

    What type of property is this?
    Office space - Three-story commercial building with income potential on Whalley Avenue.
    Where is this office space located?
    The property is located at 376 Whalley Ave New Haven, CT.
    What is the asking price?
    The asking price for this property is $2,950,900.
    What are key features of this property?
    This property features: - Prime location on Whalley Avenue, a prominent New Haven corridor.; - Immediate income from three of four leased first-floor spaces.; - High-visibility and high-traffic location.
    (860) 595-9888
    Request Owner's contact information
    376 Whalley Ave New Haven, CT 06511
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    New Haven, CT 06511
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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
    376 Whalley Ave New Haven, CT 06511
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