Turnkey Diner
706 Campbell Avenue West Haven, CT 06516
For Sale
$1,500,000
Classic diner with booth and counter seating, fully equipped kitchen, and on-site parking.
Property Size7,224 SF
Price / SF$207.64
Days on Market418
Property Features for 706 Campbell Avenue
General Information
- Standard status
- Active
- Size
- 7,224 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1955
Listing Agency:
(203) 216-4391
Listed By:
William Raveis Real Estate
(203) 216-4391
Source:
Xome
Added: Jun 2, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:16AM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
This classic diner is offered for sale as a turnkey restaurant opportunity. The layout includes booth and counter seating along with a fully equipped kitchen, supporting day-to-day operations in a functional, guest-focused environment.
Located at 706 Campbell Avenue in West Haven, the property benefits from street visibility and sits in a high-traffic area with on-site parking. The surrounding mix includes local businesses, residential areas, and access to major highways.
With its existing dining configuration and kitchen buildout, the space is well suited for continued diner-style service in an established retail setting.
Located at 706 Campbell Avenue in West Haven, the property benefits from street visibility and sits in a high-traffic area with on-site parking. The surrounding mix includes local businesses, residential areas, and access to major highways.
With its existing dining configuration and kitchen buildout, the space is well suited for continued diner-style service in an established retail setting.
Key Highlights
- Classic diner at 706 Campbell Ave with booth and counter seating
- Fully equipped kitchen designed for diner service
- On‑site parking available for customers
Financial Insights For Specialty 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 | $164.7k | $22.80 |
| − Vacancy | −$6.6k | −$0.91 |
| EGI | $158.1k | $21.89 |
| − OpEx | −$39.5k | −$5.47 |
| NOI | $118.6k | $16.42 |
7,224 SF · lease $22.80/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.69M
$1.48M – $1.98M
NOI $118,589 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,665 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
West Haven Duchess ...
Restaurant
ATM
Atm
Similar Off Market Nearby
- West Haven Duchess Dineraunt — 706 Campbell Ave, West Haven, CT 06516
FAQs
What type of property is this?
Breakfast & diner - Classic diner with booth and counter seating, fully equipped kitchen, and on-site parking.
Where is this breakfast & diner located?
The property is located at 706 Campbell Avenue West Haven, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Classic diner at 706 Campbell Ave with booth and counter seating; Fully equipped kitchen designed for diner service; On‑site parking available for customers
