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Masonry Factory/Warehouse with Freight Elevator
For Sale
$1,995,000

373 Lexington Ave, New Haven, CT 06513

A well-maintained, fully sprinklered masonry facility with dock access, overhead doors, and a freight elevator.

Property Size32,643 SF
Lot Size0.77 Acres
Price / SF$61.12
Days on Market58

Property Features for 373 Lexington Ave

General Information

Standard status Active
Size 32,643 SF
Lot size 0.77 Acres
Property subtype Commercial
Zoning RM-1

Warehouse & Industrial

Clear Height 12 ft
Heavy Power Yes
Sprinkler System Yes

Building Details

Year Built 1930
Listing Agency: Press/Cuozzo Realtors
Listed By: Stephen Press · License #REB.0751704
Source: Davejonesrealty
Added: Jun 12 Changed: Jul 10 Last Checked: Aug 7 at 2:32AM

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 Press/Cuozzo Realtors

Investment Insights

Based on property information with market context.

The property is a well-maintained masonry factory/warehouse originally built in 1919, with an addition constructed in the 1970s. The facility is fully sprinklered with a wet system, and it is heated with an oil-fired main system and gas units in the warehouse. Electrical service includes 400 amp, three-phase power. A freight elevator serves the building, and the ceiling height varies from 10' to 12'. The first floor totals 19,240 SF, including a 6,000 SF single-story warehouse area with overhead doors and dock access.

The offering includes three parcels: a .77-acre site at 373 Lexington Avenue with the 32,643 SF one- to two-story building, plus a .09-acre parcel and a .12-acre parcel identified as land at Lexington Avenue and 82 East Grand Avenue. The additional land is described as having potential for future parking. The property is designated RM-1.

For buyers or tenants seeking an industrial facility with functional loading features and an on-site freight elevator, the building’s docked, overhead-door configuration and wet-sprinkler safety system are core considerations. The property is also marketed as having potential for adaptive reuse to residential, which may be relevant for developers evaluating conversion feasibility under the RM-1 zoning designation.

Key Highlights

  • 32,643 SF masonry factory/warehouse on a 0.77‑acre site with 10'–12' ceiling height that varies by area
  • Built in 1919 with a 70's addition; includes 19,240 SF first floor with a 6,000 SF single‑story warehouse and overhead doors and dock
  • Fully sprinklered wet heating with main system oil‑fired and gas units; 400 amp, 3‑phase electrical service in the warehouse

Property Analytics

Current Use

Dow Cover Co ... Factory

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Gym & Fitness Center (Bike/Boat/Book/etc) 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.

Lease Details

12 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06513, CT

38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value

Market

Vacancy Rate% for Industrial in New Haven, CT

4.9% 2019
4% 2020
4.5% 2021
3.6% 2022
4.2% 2023
2.3% 2024
4.1% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - A well-maintained, fully sprinklered masonry facility with dock access, overhead doors, and a freight elevator.
Where is this warehouse located?
The property is located at 373 Lexington Ave New Haven, CT.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 32,643 SF masonry factory/warehouse on a 0.77‑acre site with 10'–12' ceiling height that varies by area; Built in 1919 with a 70's addition; includes 19,240 SF first floor with a 6,000 SF single‑story warehouse and overhead doors and dock; Fully sprinklered wet heating with main system oil‑fired and gas units; 400 amp, 3‑phase electrical service in the warehouse
More about this property
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