Back to Search
West Haven Development Opportunity

340 Front Ave West Haven, CT 06516

340 Front Ave, West Haven, CT, 06516
$1,900,000
For Sale
Claim this Listing
$1,900,000

3.01 acres with approved plans for industrial and storage.

Property Size5,500 SF
Lot Size3.01 Acres
Price / SF$345.45
AddedMar 5
Days on Market132
Last RefreshJul 15 at 1:15 pm

Property Features for 340 Front Ave

General Information

Standard status
Active
Size
5,500 SF
Lot size
3.01 Acres
Property subtype
Industrial

Listing office Coldwell Banker Realty

Listing date Mar 5, 2026

Source Cbcworldwide

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


Investment Insights

Based on property information with market context.

This 3.01-acre property in West Haven presents a development opportunity. It includes a 5,500-square-foot warehouse/office building and has an approved site plan for industrial, warehouse, or flex use. The site is approved for two additional high-bay buildings, one measuring 12,000 square feet and the other 10,800 square feet. A conceptual plan also allows for a 17-unit self-storage facility and covered RV storage for over 30 vehicles. The seller offers build-to-suit options and leased space at $17 per square foot modified gross. The property is located one block from the University of New Haven and is near I-95, the West Haven Train Station, Yale West Campus, and the Port of New Haven. It features front and rear access and visibility in a growing commercial corridor.

Key Highlights

  • Approved site plan for industrial, warehouse, or flex use with existing 5,500 SF warehouse/office.
  • Approved for two additional high‑bay buildings (12,000 SF and 10,800 SF).
  • Excellent location: one block from the University of New Haven and close to I‑95, West Haven Train Station, Yale West Campus, and the Port of New Haven.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $79.2k $14.40
− Vacancy −$4.0k −$0.72
EGI $75.2k $13.68
− OpEx −$11.3k −$2.05
NOI $64.0k $11.63
5,500 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$913.6K
$799.4K – $1.07M (±1% cap)
NOI $63,954 @ 7.0% cap · market cap 3.37%
Second Best
Self Storage
$797.9K
$698.2K – $930.9K (±1% cap)
NOI $55,856 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M (±1% cap)
NOI $123,845 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

LGE Services, LLC General Contractor Soba Express Trucking Trucking Company West Rock Sealing ... General Contractor

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic Computer & Electronic Repair Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Accounting Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store Bakery

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

Similar Off Market Nearby

  • Gebril's Ice Cream Truck — 575 Columbus Ave, New Haven, CT 06519
  • Moe's Southwest Grill — 300 Boston Post Rd, West Haven, CT 06516
  • Burgerway Truck — 575 Columbus Ave, New Haven, CT 06519

FAQs

What type of property is this?
Flex space - 3.01 acres with approved plans for industrial and storage.
Where is this flex space located?
The property is located at 340 Front Ave West Haven, CT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approved site plan for industrial, warehouse, or flex use with existing 5,500 SF warehouse/office.; Approved for two additional high‑bay buildings (12,000 SF and 10,800 SF).; Excellent location: one block from the University of New Haven and close to I‑95, West Haven Train Station, Yale West Campus, and the Port of New Haven.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message