Multi-Unit Flex Warehouse
For Sale
$1,200,000
46 Clinton Ave, New Haven, CT 06513
For sale mixed-use property with six units, including two large bay warehouse-style spaces.
Property Size6,700 SF
Price / SF$179.10
Days on Market127
Property Features for 46 Clinton Ave
General Information
Standard status
Active
Size
6,700 SF
Property subtype
Commercial
Zoning
RM1
Taxes and HOA fees
Annual Taxes
$7,189
Building Details
Year Built
1920
Listing Agency:
Roundtree Realty LLC
(203) 758-0264
Listed By:
Aharon Cowen · License #RES.0832571
(747) 252-3955
Source:
Davejonesrealty
Added: Jun 15
Changed: Oct 2
Last Checked: Oct 19 at 6:17AM
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 Roundtree Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multi-unit mixed-use flex warehouse property for sale includes six total units, with two larger bay/warehouse-style spaces designed for practical storage and operational use. The remaining units add additional flexibility within the overall layout, supporting an owner-operator configuration where onsite operations can be complemented by rental income from other components.
Located at 46 Clinton Ave in New Haven, CT, the property is described as offering convenient access to major roads and nearby businesses and neighborhood amenities.
For buyers seeking adaptable space with multiple unit components, the combination of functional bay areas and additional units supports a range of end-user and income-producing scenarios as presented in the listing.
Located at 46 Clinton Ave in New Haven, CT, the property is described as offering convenient access to major roads and nearby businesses and neighborhood amenities.
For buyers seeking adaptable space with multiple unit components, the combination of functional bay areas and additional units supports a range of end-user and income-producing scenarios as presented in the listing.
Key Highlights
- Mixed‑use property for sale at 46 Clinton Ave, New Haven, CT
- Year built 1920
- 6 total units, including 2 large bay/warehouse‑style spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,908
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,160
$1.6M
Cap Rate 7%
$1,112,971
$1.1M
Cap Rate 9%
$865,644
$865.6K
Market Conditions
NOI Build-Up for 6,700 SF
Gross rent
$96.5K $14.40/SF
− Vacancy
−$4.8K −$0.72/SF
EGI
$91.7K $13.68/SF
− OpEx
−$13.7K −$2.05/SF
NOI
$77.9K $11.63/SF
Area
New Haven, CT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,160
Cap Rate 7%
$1,112,971
Cap Rate 9%
$865,644
Alternative Uses
Best Use
Warehouse
$1.11M
$973.9K – $1.30M
NOI $77,908 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$916.6K
$802.0K – $1.07M
NOI $64,159 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$2.16M
$1.89M – $2.51M
NOI $150,866 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in New Haven, CT
Similar Off Market Nearby
- Kairos Kitchen — 282 Exchange St, New Haven, CT 06513
- iScream Truck LLC — 874 Quinnipiac Ave, New Haven, CT 06513
Frequently Asked Questions
What type of property is this?
Flex space - For sale mixed-use property with six units, including two large bay warehouse-style spaces.
Where is this flex space located?
The property is located at 46 Clinton Ave New Haven, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use property for sale at 46 Clinton Ave, New Haven, CT; Year built 1920; 6 total units, including 2 large bay/warehouse‑style spaces
