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Three-Story Office Building For Sale
For Sale
$475,000
Pending

27 Lucy Street, Woodbridge, CT 06525

Three-story office building with conversion potential near downtown New Haven.

Property Size5,324 SF
Days on Market111

Property Features for 27 Lucy Street

General Information

Standard status Pending
Size 5,324 SF
Property subtype Commercial

Building Details

Year Built 1970
Listing Agency: Coldwell Banker Realty
Listed By: Buddy Degennaro
Source: Lockandkeyre
Added: May 12 Changed: Aug 25 Last Checked: Aug 24 at 6:03AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This three-story office building offers approximately 5324 square feet of finished office space. The property currently features seven separate office spaces distributed across the three floors, offering flexible configuration options. There are currently three tenants in place on a month-to-month basis. The property is located with convenient access to Route 15, downtown New Haven, and Yale. The property may have potential for conversion to residential apartments. The location has a walk score of 54, indicating it is somewhat walkable, a bike score of 27, indicating it is somewhat bikeable, and a transit score of 39, indicating some transit options are available. This property presents an opportunity for investors, attorneys, physicians, and insurance agents.

Key Highlights

  • Potential to convert to residential apartments, offering strong investor appeal.
  • 5324 sq ft of finished office space.
  • Features 7 separate office spaces, configurable to buyer needs.

Property Analytics

Current Use

HACK | SOLVE General Contractor Svendsen Insurance Agency Insurance Agency On The Road Again LLC Limousine Service Lady in A Suit Productions Film Production Ct Association-Golf Course ... Charitable Organization

Suggested Use

Top Pick Dental Office Building Supply Skin Care Clinic Electrical Service Law Firm Bakery

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

419
Businesses Nearby

Demographics for 06525, CT

9,087
Population
3,408
Households
2.7
Avg Household Size
46
Median Age
74%
College-Educated
97%
High-School Grad
18.8 sq mi
ZIP Area
483
Density / Sq Mi
$201,926
Median Household Income
$100,882
Median Earnings
$1,896
Median Rent
$546,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with conversion potential near downtown New Haven.
Where is this office building located?
The property is located at 27 Lucy Street Woodbridge, CT.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Potential to convert to residential apartments, offering strong investor appeal.; 5324 sq ft of finished office space.; Features 7 separate office spaces, configurable to buyer needs.
More about this property
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