Mixed-Use Retail and
773 Dixwell Avenue New Haven, CT 06511
773 Dixwell Avenue, New Haven, CT, 06511
$329,999
For Sale
$329,999
Mixed-use building with a leased barbershop unit, a leased lower-level studio, and an attached 2-bedroom residence with private entrance.
Property Size1,919 SF
Price / SF$171.96
Days on Market329
Property Features for 773 Dixwell Avenue
General Information
- Standard status
- Active
- Size
- 1,919 SF
- Property subtype
- Multi-Family / 3 Family
Building Details
- Year Built
- 1900
Listing agency
Eaddy Associates
(612) 298-1814
Listed by
Sade Y Tejuoso · License #REB.0793163
(612) 298-1814
Source
Compass
Added: Aug 27, 2025 Updated: Jul 20 at 8:18PM Checked: Jul 20 at 8:18PM
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 Eaddy Associates
Investment Insights
Based on property information with market context.
Welcome to 773 Dixwell Avenue, a well-maintained mixed-use property combining commercial space with an attached residence. The building includes a main-level commercial unit currently operating as an established barbershop, and a lower-level commercial space leased to a local dance troupe. An attached 2-bedroom, 1-bath residential unit is accessed by a private entrance, providing a separate living setup alongside the commercial tenants.
The property is located along a well-traveled corridor in New Haven, providing convenient access to shopping, dining, public transportation, and downtown amenities.
This configuration supports both income-producing commercial use and on-site residential occupancy, with multiple leased spaces and a private-access home within the same building.
The property is located along a well-traveled corridor in New Haven, providing convenient access to shopping, dining, public transportation, and downtown amenities.
This configuration supports both income-producing commercial use and on-site residential occupancy, with multiple leased spaces and a private-access home within the same building.
Key Highlights
- Mixed‑use building with commercial and residential spaces
- Main‑level commercial unit is an established barbershop
- Lower‑level commercial space is leased to a local dance troupe
Local Financial Insights For 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 | $41.5k | $21.60 |
| − Vacancy | −$1.9k | −$0.97 |
| EGI | $39.6k | $20.63 |
| − OpEx | −$11.9k | −$6.19 |
| NOI | $27.7k | $14.44 |
1,919 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$395.9K
$346.4K – $461.8K
NOI $27,710 @ 7.0% cap · market cap 8.40%
Second Best
Mixed Use
$378.3K
$331.0K – $441.4K
NOI $26,482 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$617.3K
$540.1K – $720.2K
NOI $43,211 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lower Level Barber ...
Barber Shop
Cloud9 Smokers Boutique ...
(Bike/Boat/Book/etc) Store
Bethel Ministry Grace ...
Church
US Artificial Grass ...
Big Box & Wholesale Store
Ana's Beauty Salon
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with a leased barbershop unit, a leased lower-level studio, and an attached 2-bedroom residence with private entrance.
Where is this mixed-use property located?
The property is located at 773 Dixwell Avenue New Haven, CT.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Mixed‑use building with commercial and residential spaces; Main‑level commercial unit is an established barbershop; Lower‑level commercial space is leased to a local dance troupe
