West Haven Mixed-Use Investment
761 Campbell Avenue, West Haven, CT 06516
Two-unit commercial building with income and future use possibilities.
Type:Commercial
Property size:
2,384 SFPrice / SF:
$249/SF- Added:
- May 8, 2026
- Days on Market:
- 23
- Last Refresh:
- May 15 at 7:03 am
Property Features for 761 Campbell Avenue
General Information
- Standard status
- Active
- Size
- 2,384 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1976
Listing agent Camron Cottam License #452508574 (508) 410-5371
Listing office RE/MAX RISE (508) 410-5371
Listing date May 8, 2026
Source Iverty
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 RE/MAX RISE
HighLights
- High‑traffic location on Campbell Avenue with excellent visibility and easy access to I‑95.
- Strong in‑place income from a top‑tier medical tenant on the first floor.
- Second floor generates immediate cash flow through Furnished Finder and Airbnb.
- Flexible second‑floor space with multiple future use possibilities (short‑term rental, office, medical/professional space).
- Located in a growing commercial corridor with nearby retail and residential density.
- Ideal for investors seeking a flexible income‑producing asset or owner‑users looking for long‑term upside.
Overview
Located on Campbell Avenue in West Haven, this two-unit commercial building offers a mixed-use investment opportunity. The first floor is occupied by a medical tenant, providing stable tenancy in a visible location with traffic and access to I-95. The second floor generates income through short-term rentals, offering immediate cash flow and multiple future use possibilities. New ownership can continue operating the space as a short-term rental, convert to traditional office use, medical/professional space, office suites, or reconfigure based on business needs and local zoning allowances. The property benefits from street visibility, consistent vehicle traffic, nearby retail and residential density, and commuter accessibility. The property size is 2384 square feet. This property is suited for investors seeking a flexible income-producing asset or owner-users looking for long-term upside in a growing commercial corridor.
Local Financial Insights For Apartment 5plus
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 | $72.4k | $30.36 |
| − Vacancy | −$4.5k | −$1.88 |
| EGI | $67.9k | $28.48 |
| − OpEx | −$30.6k | −$12.81 |
| NOI | $37.3k | $15.66 |
2,384 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$533.4K
$466.8K – $622.3K
NOI $37,340 @ 7.0% cap · market cap 6.28%
Second Best
Healthcare Medical
$521.7K
$456.5K – $608.6K
NOI $36,518 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$766.9K
$671.0K – $894.7K
NOI $53,681 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Safelase Institute
Skin Care Clinic
Anti-Aging Centers of Connecticut
Spa & Massage Center
An-Exceptional Cleaning Services
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- West Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9547766
- Latitude
- 41.2795368
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two-unit commercial building with income and future use possibilities.
Where is this mixed-use property located?
The property is located at 761 Campbell Avenue West Haven, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High‑traffic location on Campbell Avenue with excellent visibility and easy access to I‑95.; Strong in‑place income from a top‑tier medical tenant on the first floor.; Second floor generates immediate cash flow through Furnished Finder and Airbnb.
