Retail Investment
1717 Dixwell Avenue Hamden, CT 06514
1717 Dixwell Avenue, Hamden, CT, 06514
$2,300,000
For Sale
$2,300,000
Retail investment on heavily traveled Dixwell Avenue with convenient access to major routes and downtown New Haven.
Property Size8,364 SF
Price / SF$274.99
Days on Market34
Property Features for 1717 Dixwell Avenue
General Information
- Standard status
- Active
- Size
- 8,364 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2016
Listing agency
Colonial Properties Inc
(203) 988-6298
Listed by
Fred Messore · License #REB.0794161
(203) 988-6298
Source
Xome
Added: Jun 19 Updated: Jul 22 at 1:40AM Checked: Jul 22 at 1:40AM
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.
1717 Dixwell Avenue is an 8,364-square-foot retail investment property located along Dixwell Avenue. The site is positioned for strong visibility on a well-established commercial corridor.
The property offers convenient access to Route 15, I-91, and downtown New Haven. The surrounding area includes a mix of retail, restaurant, service, and dense residential uses, supporting steady demand for neighborhood-serving retail.
This offering is for sale as a retail asset in an established market setting, with its prominent corridor presence serving as a key practical attribute for tenants and customers.
The property offers convenient access to Route 15, I-91, and downtown New Haven. The surrounding area includes a mix of retail, restaurant, service, and dense residential uses, supporting steady demand for neighborhood-serving retail.
This offering is for sale as a retail asset in an established market setting, with its prominent corridor presence serving as a key practical attribute for tenants and customers.
Key Highlights
- 8,364 SF retail investment property at 1717 Dixwell Avenue
- Located on Dixwell Avenue along one of Greater New Haven’s established commercial corridors
- Convenient access to Route 15, I‑91, and downtown New Haven
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 | $180.7k | $21.60 |
| − Vacancy | −$8.1k | −$0.97 |
| EGI | $172.5k | $20.63 |
| − OpEx | −$51.8k | −$6.19 |
| NOI | $120.8k | $14.44 |
8,364 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Advance Auto Parts
Auto Parts Store
UPS Access Point ...
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail investment on heavily traveled Dixwell Avenue with convenient access to major routes and downtown New Haven.
Where is this retail space located?
The property is located at 1717 Dixwell Avenue 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 SF retail investment property at 1717 Dixwell Avenue; Located on Dixwell Avenue along one of Greater New Haven’s established commercial corridors; Convenient access to Route 15, I‑91, and downtown New Haven
