Glass-Front
596 First Ave, West Haven, CT 06516
For Sale
New
Contact for pricing
Interior improvements are in progress, with a bathroom, vinyl flooring, and lighting planned.
Property Size1,000 SF
Price / SF$1.75
Days on Market7
Property Features for 596 First Ave
General Information
Standard status
Size
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
Guy Bocicaut Real Estate
Listed By:
Gina Hutchinson
(203) 434-4677
Source:
Fairfieldcounty-properties
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 7:35AM
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 Guy Bocicaut Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot storefront measures 20 by 50 feet and has a glass street-facing facade. Renovation work is underway, with a bathroom, vinyl flooring, and lighting planned. The property dates to 1954, and utilities are separately metered.
The space is near I-95 and area beaches. Potential uses identified for the unit include retail, office, barbering, liquor sales, and salon services.
The space is near I-95 and area beaches. Potential uses identified for the unit include retail, office, barbering, liquor sales, and salon services.
Key Highlights
- 1,000‑square‑foot unit measuring 20 by 50 feet
- Glass storefront
- Bathroom, vinyl flooring, and lighting planned as part of ongoing renovations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$972 −$0.97/SF
EGI
$20.6K $20.63/SF
− OpEx
−$6.2K −$6.19/SF
NOI
$14.4K $14.44/SF
Area
New Haven, CT
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Retail
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 825.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.7K
$281.5K – $375.3K
NOI $22,517 @ 7.0% cap · market cap 1,286.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 34%
Hotels & Casinos 2%
Dunkin' Donuts
Dining
10,067 visits/mo
0.5 miles
Citgo
Shops & Services
8,786 visits/mo
0.3 miles
Shell
Shops & Services
5,540 visits/mo
0.5 miles
Valvoline Instant Oil Change
Shops & Services
2,379 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
1,775 visits/mo
0.4 miles
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in New Haven County, CT
Properties on Market for Storefront properties in New Haven County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Stop & Shop Florist — 460 Elm St, West Haven, CT 06516
- Paola’s Flower Shop — 529 Campbell Ave, West Haven, CT 06516
- Peace & Rich — 667 Campbell Ave, West Haven, CT 06516
Frequently Asked Questions
What type of property is this?
Storefront property - Interior improvements are in progress, with a bathroom, vinyl flooring, and lighting planned.
Where is this storefront property located?
The property is located at 596 First Ave West Haven, CT.
What are key features of this property?
This property features: 1,000‑square‑foot unit measuring 20 by 50 feet; Glass storefront; Bathroom, vinyl flooring, and lighting planned as part of ongoing renovations
