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Hamden Mixed-Use Development Opportunity
For Sale
$1,400,000

2340 Whitney Ave, Hamden, CT 06518

Two-story commercial building with development potential in high-traffic area.

Property Size11,520 SF
Lot Size0.36 Acres
Price / SF$121.53
Days on Market150

Property Features for 2340 Whitney Ave

General Information

Standard status Active
Size 11,520 SF
Lot size 0.36 Acres
Property subtype Commercial

Building Details

Building Size 11,520 SF
Year Built 1940
Stories 2
Listing Agency: Wareck Real Estate LLC
Listed By: Young Lee · License #CT RES.0798035
Source: Elliman
Added: Mar 24 Changed: Aug 14 Last Checked: Aug 19 at 9:53AM

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 Wareck Real Estate LLC

Investment Insights

Based on property information with market context.

This property features a two-story commercial building with 11,520 square feet of space. It is located in a heavy traffic area near the Town Hall, Police Department, Fire Department, Highway (RT15), Yale University, Yale Hospital, UNH, and SCSU. The property is zoned T5, and according to the Hamden Town Zoning Department, there is potential for up to a 7-story mixed-use building development. The first floor is currently used for retail, and the second floor contains office spaces. Floor plans for 7 apartments on the second floor are available.

Key Highlights

  • Development potential: T5 zoning allows for possible construction of up to a 7‑story mixed‑use building.
  • High‑traffic location: Situated in a heavy traffic area, ensuring high visibility and accessibility.
  • Proximity to key locations: Near Town Hall, Police Department, Fire Department, Highway (RT15), Yale University, Yale Hospital, UNH, and SCSU.

Property Analytics

Current Use

Dr. Garth L. ... Physician GLAZE: An Innovative Salon ... Hair Salon Lynette White Medical Clinic Kumon Math and Reading ... Training Center 203 248 2021 Insurance Agency

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,592
Businesses Nearby

Demographics for 06518, CT

19,528
Population
7,285
Households
2.7
Avg Household Size
34
Median Age
50%
College-Educated
96%
High-School Grad
16.5 sq mi
ZIP Area
1,184
Density / Sq Mi
$105,227
Median Household Income
$33,932
Median Earnings
$2,044
Median Rent
$307,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial building with development potential in high-traffic area.
Where is this mixed-use property located?
The property is located at 2340 Whitney Ave Hamden, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Development potential: T5 zoning allows for possible construction of up to a 7‑story mixed‑use building.; High‑traffic location: Situated in a heavy traffic area, ensuring high visibility and accessibility.; Proximity to key locations: Near Town Hall, Police Department, Fire Department, Highway (RT15), Yale University, Yale Hospital, UNH, and SCSU.
More about this property
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