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Retail Shopping Center With Elevator
For Sale
$2,100,000

676 New Haven Avenue, Derby, CT 06418

B-1 property combines retail and professional suites with established occupants and a medical-use component.

Property Size13,482 SF
Price / SF$234.06
Days on Market35

Property Features for 676 New Haven Avenue

General Information

Standard status Active
Size 13,482 SF
Total Parking Spaces 50
Elevators Yes
Property subtype Commercial
Zoning B-1
Net Operating Income $137,000

Site & Location

Traffic Count 27,000 vehicles/day
Highway Access Yes
Road Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $33,656

Amenities

elevator
basement storage

Building Details

Building Size 13,482 SF
Year Built 1988
Year Renovated 2001
Stories 2
Units 8
Tenancy Multi
Listing Agency: Prince Alam Realty
Listed By: Prince Alam
Source: Westshorerealty
Added: Jul 9 Changed: Aug 12 Last Checked: Aug 12 at 4:43AM

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 Prince Alam Realty

Investment Insights

Based on property information with market context.

This 8,972-square-foot retail and professional center includes an orthodontist practice and four retail occupants: Subway, Edible Arrangements, Home Care, and a smoke shop. A separate 2,200-square-foot dental or medical area expands the property’s professional-service configuration. The basement adds 4,284 square feet of support and storage space, while 12-foot heights on the first and second floors and a 9-foot basement height support varied operational needs. An elevator was added during the 2001 renovation.

Located at 676 New Haven Avenue in Derby, the property fronts a shopping corridor reporting 27,000 VPD. Signalized access to Route 34 is directly in front of the center, and a bus stop serving New Haven is positioned at the property. Nearby businesses identified in the source include Big Y, McDonald’s, Wendy’s, CVS, and Lowe’s. The site is near Yale and New Haven and borders the Orange and Woodbridge areas. Zoning is B-1.

Key Highlights

  • 8,972 SF retail and professional center with an orthodontist practice and 4 retail occupants
  • 2,200 SF dental/medical area plus 4,284 SF basement support/storage space
  • 12‑foot first- and second‑floor heights; basement height is 9 feet

Property Analytics

Current Use

Milford & Derby Oral ... Dental Office Previtt Mark E ... Dental Office Dr. Fedele N. ... Dental Office PAUL M. CIUCI, ... Dental Office Edible Arrangements (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Auto Parts Store Skin Care Clinic Building Supply

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

27,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby
Balanced
Demand for This Use

Demographics for 06418, CT

12,297
Population
6,086
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
2,459
Density / Sq Mi
$75,718
Median Household Income
$50,708
Median Earnings
$1,453
Median Rent
$243,500
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • Commons At Derby 600 New Haven Ave, Derby, CT 06418
  • Coinstar 656 New Haven Ave, Derby, CT 06418

Frequently Asked Questions

What type of property is this?
Shopping center - B-1 property combines retail and professional suites with established occupants and a medical-use component.
Where is this shopping center located?
The property is located at 676 New Haven Avenue Derby, CT.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 8,972 SF retail and professional center with an orthodontist practice and 4 retail occupants; 2,200 SF dental/medical area plus 4,284 SF basement support/storage space; 12‑foot first- and second‑floor heights; basement height is 9 feet
More about this property
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