West Haven Mixed-Use Investment Opportunity

761 Campbell Avenue West Haven, CT 06516

Claim this Listing
For Sale
$595,000

Two-unit commercial building with income and future use possibilities.

Type:Commercial
Property size:
2,384 SF
Price / SF:
$249/SF
Added:
May 8, 2026
Days on Market:
65
Last Refresh:
Jul 2 at 10:40 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 office RE/MAX RISE

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Local Financial Insights For Healthcare Medical

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 $65.8k $27.60
− Vacancy −$4.9k −$2.07
EGI $60.9k $25.53
− OpEx −$24.3k −$10.21
NOI $36.5k $15.32
2,384 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$521.7K
$456.5K – $608.6K (±1% cap)
NOI $36,518 @ 7.0% cap · market cap 6.14%
Second Best
Office B
$516.5K
$452.0K – $602.6K (±1% cap)
NOI $36,158 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$766.9K
$671.0K – $894.7K (±1% cap)
NOI $53,681 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

Suggested Use

Real Estate Agency Skin Care Clinic Bakery Gym & Fitness Center Law Firm Parking Lot & Garage Accounting Firm HVAC Service Storage Facility Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

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.
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