Multi-Unit Flex Warehouse
46 Clinton Ave New Haven, CT 06513
46 Clinton Ave, New Haven, CT, 06513
$1,200,000
For Sale
$1,200,000
For sale mixed-use property with six units, including two large bay warehouse-style spaces.
Property Size6,700 SF
Price / SF$179.10
Days on Market37
Property Features for 46 Clinton Ave
General Information
- Standard status
- Active
- Size
- 6,700 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agency
Roundtree Realty LLC
(203) 758-0264
Listed by
Aharon Cowen
Source
Davejonesrealty
Added: Jun 15 Updated: Jul 21 at 6:26AM Checked: Jul 21 at 6:26AM
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 Roundtree Realty LLC
Investment Insights
Based on property information with market context.
This multi-unit mixed-use flex warehouse property for sale includes six total units, with two larger bay/warehouse-style spaces designed for practical storage and operational use. The remaining units add additional flexibility within the overall layout, supporting an owner-operator configuration where onsite operations can be complemented by rental income from other components.
Located at 46 Clinton Ave in New Haven, CT, the property is described as offering convenient access to major roads and nearby businesses and neighborhood amenities.
For buyers seeking adaptable space with multiple unit components, the combination of functional bay areas and additional units supports a range of end-user and income-producing scenarios as presented in the listing.
Located at 46 Clinton Ave in New Haven, CT, the property is described as offering convenient access to major roads and nearby businesses and neighborhood amenities.
For buyers seeking adaptable space with multiple unit components, the combination of functional bay areas and additional units supports a range of end-user and income-producing scenarios as presented in the listing.
Key Highlights
- Mixed‑use property for sale at 46 Clinton Ave, New Haven, CT
- Year built 1920
- 6 total units, including 2 large bay/warehouse‑style spaces
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 | $96.5k | $14.40 |
| − Vacancy | −$4.8k | −$0.72 |
| EGI | $91.7k | $13.68 |
| − OpEx | −$13.7k | −$2.05 |
| NOI | $77.9k | $11.63 |
6,700 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.11M
$973.9K – $1.30M
NOI $77,908 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$916.6K
$802.0K – $1.07M
NOI $64,159 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$2.16M
$1.89M – $2.51M
NOI $150,866 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Kairos Kitchen — 282 Exchange St, New Haven, CT 06513
- iScream Truck LLC — 874 Quinnipiac Ave, New Haven, CT 06513
FAQs
What type of property is this?
Flex space - For sale mixed-use property with six units, including two large bay warehouse-style spaces.
Where is this flex space located?
The property is located at 46 Clinton Ave New Haven, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use property for sale at 46 Clinton Ave, New Haven, CT; Year built 1920; 6 total units, including 2 large bay/warehouse‑style spaces
