Commercial Kitchen with Event
For Sale
Contact for pricing
215 Tuthill St, West Haven, CT 06516
Two connected commercial spaces include offices, restrooms, skylights, and on-site parking near Boston Post Road.
Property Size4,000 SF
Price / SF$1.25
Days on Market89
Property Features for 215 Tuthill St
General Information
Standard status
Active
Size
4,000 SF
Additional Details
Highway Access
Yes
Amenities
skylights
private offices
restroom facilities
Building Details
Year Built
1964
Listing Agency:
West Shore Realty
Listed By:
Leslie Terres (203) 520-3254 (203) 874-0523 · License #RES.0807197
(203) 520-3254
Source:
Fairfieldcountycthomesearch
Added: Jul 22
Changed: Oct 1
Last Checked: Oct 16 at 9:12AM
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 West Shore Realty
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Investment Insights
Based on property information with market context.
This 4,000-square-foot commercial kitchen property combines two connected spaces: a finished event venue and a fully equipped kitchen. The layout also includes private offices, restroom facilities, skylights, and on-site parking. Constructed in 1964, the property is town-approved and suited to commercial food preparation and event operations.
The site is positioned just off Boston Post Road, across from O'Reilly Auto Parts and Dunkin'. I-95, Yale University, the University of New Haven, train stations, and Tweed New Haven Airport are all described as minutes away, supporting access for staff, customers, and guests.
The site is positioned just off Boston Post Road, across from O'Reilly Auto Parts and Dunkin'. I-95, Yale University, the University of New Haven, train stations, and Tweed New Haven Airport are all described as minutes away, supporting access for staff, customers, and guests.
Key Highlights
- 4,000‑square‑foot commercial kitchen property with two connected spaces
- Finished event venue paired with a fully equipped commercial kitchen
- Private offices, restroom facilities, skylights, and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,304
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,080
$766.1K
Cap Rate 7%
$547,200
$547.2K
Cap Rate 9%
$425,600
$425.6K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$57.6K $14.40/SF
− Vacancy
−$2.9K −$0.72/SF
EGI
$54.7K $13.68/SF
− OpEx
−$16.4K −$4.10/SF
NOI
$38.3K $9.58/SF
Area
New Haven, CT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$766,080
Cap Rate 7%
$547,200
Cap Rate 9%
$425,600
Alternative Uses
Best Use
Specialty Retail
$938.1K
$820.8K – $1.09M
NOI $65,664 @ 7.0% cap · market cap 1,313.28%
Second Best
Industrial
$547.2K
$478.8K – $638.4K
NOI $38,304 @ 7.0% cap · market cap 766.08%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,069 @ 7.0% cap · market cap 1,801.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 59%
Shops & Services 22%
Dining 18%
Target
Superstores
90,398 visits/mo
0.5 miles
Wendy's
Dining
19,099 visits/mo
0.4 miles
Dollar General
Shops & Services
10,503 visits/mo
0.5 miles
Dunkin' Donuts
Dining
9,099 visits/mo
0.1 miles
Guitar Center
Shops & Services
8,752 visits/mo
0.4 miles
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
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
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Two connected commercial spaces include offices, restrooms, skylights, and on-site parking near Boston Post Road.
Where is this commercial kitchen located?
The property is located at 215 Tuthill St West Haven, CT.
What are key features of this property?
This property features: 4,000‑square‑foot commercial kitchen property with two connected spaces; Finished event venue paired with a fully equipped commercial kitchen; Private offices, restroom facilities, skylights, and on‑site parking
