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    Brick Free-Standing Retail Building Title is generated by Realmo AI

    1231 Whitney Avenue, Hamden, CT 06517

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    Claim this Listing
    For Sale
    $675,000

    COMMERCIAL - Hamden, CT

    Property size:
    4,080 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $165/SF
    Added:
    Oct 20, 2025
    Days on Market:
    234
    Last Refresh:
    Jun 10 at 10:06 pm

    Property Features for 1231 Whitney Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    T3.5
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Parking
    12
    Interior features
    Window Display
    Exterior features
    Sidewalk
    Standard status
    Active
    Size
    4,080 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    15742

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    1

    We can help!

    Listing Contact
    John Cuozzo

    Listing agent John Cuozzo License #REB.0152492

    Listing office Press/Cuozzo Realtors 2751 Dixwell Avenue, Hamden, CT

    Listing date Oct 20, 2025

    MLS# 24134788

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick, one‑story 4,080 SF free‑standing retail building in Whitneyville
    • Currently divided into two spaces: 3,030 SF and 1,050 SF; larger 4,080 SF space could be accomplished
    • Corner location on Putnam Avenue (East Side/Lake Side) with exposure to 13,300 cars passing daily
    • Basement storage with outside hatch or interior staircase; 44' x 21' basement
    • Central air and heat pump heating
    • Public utilities: public water and public sewer; cable available

    Overview

    This one-story brick free-standing retail building is in prime condition and offers a total of 4,080 square feet currently divided into two spaces: 3,030 square feet and 1,050 square feet. Each space has its own brand new or newer utilities, supporting separate occupancy. The layout can be adjusted to create a larger single 4,080 square foot space if desired.

    Located on a corner in Whitneyville on Putnam Avenue (East Side/Lake Side), the property benefits from strong passing traffic, with exposure to 13,300 cars that pass daily. Additional space includes basement storage measuring 44' x 21', accessible either through an outside hatch or an interior staircase.

    This configuration can fit an owner user looking for retail space with convenient storage, or an investor seeking a building that can operate with two separate retail suites. The ability to keep the spaces independent or combine them for a single tenant makes the property practical for a range of retail strategies, while the dedicated basement storage adds support for day-to-day operations.

    Local Financial Insights For Retail

    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 $88.1k $21.60
    − Vacancy −$4.0k −$0.97
    EGI $84.2k $20.63
    − OpEx −$25.2k −$6.19
    NOI $58.9k $14.44
    4,080 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $841.6K
    $736.4K – $981.9K (±1% cap)
    NOI $58,914 @ 7.0% cap · market cap 8.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.31M
    $1.15M – $1.53M (±1% cap)
    NOI $91,871 @ 7.0% cap · market cap 13.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -72.9120632
    Latitude
    41.3459713

    FAQs

    What type of property is this?
    Retail space - Corner storefront retail building with two separately serviced spaces and basement storage for flexible tenanting.
    Where is this retail space located?
    The property is located at 1231 Whitney Avenue Hamden, CT.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Brick, one‑story 4,080 SF free‑standing retail building in Whitneyville; Currently divided into two spaces: 3,030 SF and 1,050 SF; larger 4,080 SF space could be accomplished; Corner location on Putnam Avenue (East Side/Lake Side) with exposure to 13,300 cars passing daily
    More about this property
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