High-Visibility Multi-Tenant
For Sale
$649,900
274 Hemingway Avenue, East Haven, CT 06512
Prime commercial property near Town Green and Trolley Square.
Property Size5,312 SF
Days on Market204
Property Features for 274 Hemingway Avenue
General Information
Standard status
Active
Size
5,312 SF
Total Parking Spaces
14
Property subtype
Commercial
Zoning
R-1
Taxes and HOA fees
Annual Taxes
$11,657
Building Details
Building Size
5,312 SF
Year Built
1717
Stories
2
Units
2
Listing Agency:
William Raveis Real Estate
(203) 433-4387
Listed By:
Lindsay Greenberg · License #RES.0804196
(203) 675-7492
Source:
Westshorerealty
Added: Feb 12
Changed: Sep 4
Last Checked: Sep 1 at 8:14PM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant commercial property is located directly across from the Town Green and Trolley Square Shopping Center, offering immediate access to I-95. The property benefits from high daily vehicle and foot traffic. The first floor is fully occupied by an established Day Spa with an active lease. The second floor is occupied by a professional Law Office on a month-to-month basis. The property includes approximately 14 dedicated parking spaces within the R1 zoned area. The location is considered somewhat walkable with a walk score of 68 and somewhat bikeable with a bike score of 48. The property is situated in an R1 zoned area with potential for mixed-use development, offering possibilities to customize the interior space. The property is suitable for an investor seeking immediate cash flow or an owner-occupant looking to secure a location for their business.
Key Highlights
- Prime Location: Directly across from Town Green & Trolley Square, offering high visibility and foot traffic.
- High‑Visibility Multi‑Tenant Asset: Provides immediate cash flow potential.
- Dedicated Parking: Approximately 14 parking spaces, a premium in the district.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
100k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 38%
Dining 15%
Stop & Shop
Groceries
47,056 visits/mo
0.2 miles
Dunkin' Donuts
Dining
14,722 visits/mo
0.4 miles
Splash Car Wash Express
Shops & Services
9,262 visits/mo
0.4 miles
Shell
Shops & Services
6,751 visits/mo
0.4 miles
Wells Fargo
Shops & Services
6,489 visits/mo
0.1 miles
Demographics for 06512, CT
29,457
Population
12,945
Households
2.3
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
2,779
Density / Sq Mi
$84,034
Median Household Income
$48,981
Median Earnings
$1,464
Median Rent
$265,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Prime commercial property near Town Green and Trolley Square.
Where is this retail property located?
The property is located at 274 Hemingway Avenue East Haven, CT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Prime Location: Directly across from Town Green & Trolley Square, offering high visibility and foot traffic.; High‑Visibility Multi‑Tenant Asset: Provides immediate cash flow potential.; Dedicated Parking: Approximately 14 parking spaces, a premium in the district.
