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Two-Story Mixed-Use Property

38 Academy Street, Madison, CT 06443

For Sale
New
Contact for pricing

The building combines two professional office suites with a residential apartment.

Property SizeContact for details
Days on Market7

Property Features for 38 Academy Street

General Information

Standard status Active
Property subtype Office
Occupancy 100%

Units

Multifamily Units 1
Office Units 2

Additional Details

Tenant in Place Yes
Property Use Office / Residential

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: The Geenty Group Realtors
Listed By: Geenty Group
Source: Crexi
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 12 at 5:32AM

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 The Geenty Group Realtors

Rey
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Investment Insights

Based on property information with market context.

This two-story mixed-use building contains two professional office suites and one apartment. The property is fully occupied, with commercial and residential occupants in place.

Located at 38 Academy Street in Madison, Connecticut, the property brings office and residential space together in one building.

Key Highlights

  • Two‑story building with two professional office suites and one apartment
  • Fully occupied with commercial and residential occupants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lauren LaTorre-Osterling - State ... Insurance Agency Golden Compass Employment Agency

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store Restaurant Hair Salon

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

2
Office units
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

Demographics for 06443, CT

17,713
Population
8,020
Households
2.2
Avg Household Size
51
Median Age
72%
College-Educated
99%
High-School Grad
36.2 sq mi
ZIP Area
489
Density / Sq Mi
$168,341
Median Household Income
$75,313
Median Earnings
$2,046
Median Rent
$534,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in New Haven County, CT

$233 Jul
$223 Aug
$220 Sep
$192 Oct

Properties on Market for Mixed-use properties in New Haven County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines two professional office suites with a residential apartment.
Where is this mixed-use property located?
The property is located at 38 Academy Street Madison, CT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑story building with two professional office suites and one apartment; Fully occupied with commercial and residential occupants
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