Retail Building on Commercial
For Sale
$2,300,000
1717 Dixwell Ave, Hamden, CT 06514
Retail property along an established commercial corridor with access to Route 15, I-91, and downtown New Haven.
Property Size8,364 SF
Price / SF$274.99
Days on Market77
Property Features for 1717 Dixwell Ave
General Information
Standard status
Active
Size
8,364 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2016
Listing Agency:
Colonial Properties Inc
Listed By:
Fred Messore · License #REB.0794161
(203) 988-6298
Source:
Themialeteam
Added: Jul 30
Changed: Oct 6
Last Checked: Oct 12 at 9:09PM
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 Colonial Properties Inc
Investment Insights
Based on property information with market context.
Built in 2016, this 8,364-square-foot retail property occupies a prominent position at 1717 Dixwell Avenue in Hamden. The asset is situated within an established commercial corridor and is surrounded by national retailers, restaurants, service businesses, and dense residential neighborhoods. Its retail setting supports regular consumer activity and places the property within a broader mix of commercial and residential uses.
The property offers convenient connections to Route 15, I-91, and downtown New Haven. Its location on Dixwell Avenue provides direct exposure to a well-established thoroughfare, while the surrounding retail and service concentration adds to the corridor’s commercial context. The address is 1717 Dixwell Ave, Hamden, CT 06514.
The property offers convenient connections to Route 15, I-91, and downtown New Haven. Its location on Dixwell Avenue provides direct exposure to a well-established thoroughfare, while the surrounding retail and service concentration adds to the corridor’s commercial context. The address is 1717 Dixwell Ave, Hamden, CT 06514.
Key Highlights
- 8,364‑square‑foot retail property
- Built in 2016
- Located at 1717 Dixwell Ave, Hamden, CT 06514
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,773
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,415,460
$2.4M
Cap Rate 7%
$1,725,329
$1.7M
Cap Rate 9%
$1,341,922
$1.3M
Market Conditions
NOI Build-Up for 8,364 SF
Gross rent
$180.7K $21.60/SF
− Vacancy
−$8.1K −$0.97/SF
EGI
$172.5K $20.63/SF
− OpEx
−$51.8K −$6.19/SF
NOI
$120.8K $14.44/SF
Area
New Haven, CT
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,415,460
Cap Rate 7%
$1,725,329
Cap Rate 9%
$1,341,922
Alternative Uses
Best Use
Retail
$1.73M
$1.51M – $2.01M
NOI $120,773 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M
NOI $188,335 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 33%
Shops & Services 29%
Dining 22%
Groceries 16%
The Home Depot
Home Improvements & Furnishings
31,332 visits/mo
0.3 miles
Price Rite
Groceries
15,395 visits/mo
0.4 miles
Mobil
Shops & Services
12,733 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,438 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,557 visits/mo
0.2 miles
Demographics for 06514, CT
26,613
Population
11,388
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$85,227
Median Household Income
$46,594
Median Earnings
$1,633
Median Rent
$250,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property along an established commercial corridor with access to Route 15, I-91, and downtown New Haven.
Where is this retail space located?
The property is located at 1717 Dixwell Ave Hamden, CT.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,364‑square‑foot retail property; Built in 2016; Located at 1717 Dixwell Ave, Hamden, CT 06514
