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Mixed-Use Building with Retail
For Lease
$799,900

1242 Whitney Ave, Hamden, CT 06517

Fully occupied property combines two ground-floor businesses with a leased second-floor apartment.

Space SizeContact for details
Days on Market137

Property Features for 1242 Whitney Ave

General Information

Standard status Active
Total Parking Spaces 6
Occupancy 100%

Taxes and HOA fees

Annual Taxes $18,318

Building Details

Tenancy Multi
Listing Agency: Press/Cuozzo Realtors
Listed By: Mark A. Foreman · License #RES.0827812
Source: Exprealty
Added: Mar 25 Changed: Aug 6 Last Checked: Aug 8 at 10:15AM

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 Press/Cuozzo Realtors

Investment Insights

Based on property information with market context.

1242 Whitney Avenue is a fully occupied mixed-use building with two established retail tenants at street level and one leased apartment on the second floor. The property also includes a full basement for storage and six paved off-street parking spaces. A new roof was installed in 2023, and one retail unit has new AC, furnace, and hot water heater equipment.

The building is in the Whitneyville neighborhood with access to downtown New Haven, Yale University, Quinnipiac University, major employment centers, and key transportation routes. Its setting includes local businesses and surrounding residential density, supporting a blend of commercial and residential uses within the same property.

Key Highlights

  • Two established retail tenants occupy the ground floor
  • Fully leased apartment located on the second floor
  • Full basement provides additional storage space

Property Analytics

Current Use

The Soup Girl Take-out & Catering The Scoop Girl Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
7,082 visits/mo 0.2 miles

Demographics for 06517, CT

14,954
Population
6,875
Households
2.2
Avg Household Size
45
Median Age
52%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
2,991
Density / Sq Mi
$97,154
Median Household Income
$58,025
Median Earnings
$1,351
Median Rent
$313,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combines two ground-floor businesses with a leased second-floor apartment.
Where is this mixed-use property located?
The property is located at 1242 Whitney Ave Hamden, CT.
What is the lease rate?
The lease rate is $799,900.
What are key features of this property?
This property features: Two established retail tenants occupy the ground floor; Fully leased apartment located on the second floor; Full basement provides additional storage space
More about this property
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