578 Winchester Avenue New Haven, CT 06511
Storefront with multi-unit apartments and included licenses/inventories for sale.
- Added:
- Dec 3, 2023
- Days on Market:
- 953
- Last Refresh:
- May 20 at 12:01 am
Property Features for 578 Winchester Avenue
General Information
- Standard status
- Active
- Size
- 3,452 SF
- Lot size
- 0.08 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1900
Listing office Coldwell Banker Realty (203) 526-4152
Listing date Dec 3, 2023
Source Exitrealty
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.
Key Highlights
- Storefront with existing liquor and lottery licenses included.
- Multi‑unit property with 3 rental apartments.
- Includes inventory of liquor, beer, soda, juice, and cigarettes.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.6k | $21.60 |
| − Vacancy | −$3.4k | −$0.97 |
| EGI | $71.2k | $20.63 |
| − OpEx | −$21.4k | −$6.19 |
| NOI | $49.8k | $14.44 |
