Flex Space With Separate
752 Washington Avenue, West Haven, CT 06516
For Sale
$1,350,000
Commercial For Sale, West Haven, CT
Property Size12,075 SF
Lot Size0.25 Acres
Price / SF$111.80
Days on Market53
Property Features for 752 Washington Avenue
General Information
Property type
Property subtype
Zoning
Bathrooms
Half bathrooms
Rooms
Interior features
Exterior features
Lot features
Directions
Standard status
Size
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Cooling system
Water source
Building Details
Year built
Floors in Building
Listing Agency:
RE/MAX Right Choice · RE/MAX International
(203) 614-8711
Listed By:
Chris Carozza · License #RES.0768259
(203) 912-6819
Added: Sep 18
Changed: Nov 8
Last Checked: Nov 9 at 3:06AM
MLS# 24205850
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This flex property combines approximately 7,200+/- square feet of warehouse space with a 2,700+/- square-foot showroom and a separately accessed 2,700+/- square-foot upper level. The building includes a 16-by-16-foot overhead door, approximately 22-foot ceilings, 400-amp three-phase power, a kitchenette, employee lounge, and a conveyor linking the first and second floors. The showroom is equipped with separate heating and central air, while distinct entrances serve the showroom, warehouse, and upper level.
Two electric meters and two gas meters support independent service arrangements for the main area, front section, and upper level. The property also has natural gas, public water, and public sewer. Its level corner setting provides access to downtown West Haven and I-95. Zoning is R3, and the 0.25-acre property was built in 1960.
Two electric meters and two gas meters support independent service arrangements for the main area, front section, and upper level. The property also has natural gas, public water, and public sewer. Its level corner setting provides access to downtown West Haven and I-95. Zoning is R3, and the 0.25-acre property was built in 1960.
Key Highlights
- Approximately 12,075 square feet across warehouse, showroom, and upper‑level areas
- 7,200+/- square feet of warehouse space with approximately 22‑foot ceilings
- 2,700+/- square‑foot showroom and separately accessed 2,700+/- square‑foot upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,630
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,312,600
$2.3M
Cap Rate 7%
$1,651,857
$1.7M
Cap Rate 9%
$1,284,778
$1.3M
Market Conditions
NOI Build-Up for 12,075 SF
Gross rent
$173.9K $14.40/SF
− Vacancy
−$8.7K −$0.72/SF
EGI
$165.2K $13.68/SF
− OpEx
−$49.6K −$4.10/SF
NOI
$115.6K $9.58/SF
Area
New Haven, CT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,312,600
Cap Rate 7%
$1,651,857
Cap Rate 9%
$1,284,778
Alternative Uses
Best Use
Retail
$2.49M
$2.18M – $2.91M
NOI $174,358 @ 7.0% cap · market cap 12.92%
Second Best
Warehouse
$2.01M
$1.76M – $2.34M
NOI $140,408 @ 7.0% cap · market cap 10.40%
Theoretical Best
Office A
$3.88M
$3.40M – $4.53M
NOI $271,896 @ 7.0% cap · market cap 20.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,679
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$265,200
Median Home Value
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Market
Average Price Trend$/SF for Flex space in New Haven County, CT
Properties on Market for Flex space in New Haven County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Le Petite Fete — 558 Campbell Ave, West Haven, CT 06516
- Bob's BBQ & Catering — 192 Richards St, West Haven, CT 06516
Frequently Asked Questions
What type of property is this?
Flex space - Corner commercial property with warehouse, showroom, and upper-level areas connected by independent access and flexible utility service.
Where is this flex space located?
The property is located at 752 Washington Avenue West Haven, CT.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 12,075 square feet across warehouse, showroom, and upper‑level areas; 7,200+/- square feet of warehouse space with approximately 22‑foot ceilings; 2,700+/- square‑foot showroom and separately accessed 2,700+/- square‑foot upper level
