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6-Unit Mixed-Use Property
For Lease
$999,000

863 Dixwell Ave, Hamden, CT 06514

Two commercial spaces and four apartments share separate utilities and off-street parking.

Space SizeContact for details
Days on Market11

Property Features for 863 Dixwell Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $16,327

Amenities

off-street parking
fire-rated doors

Building Details

Year Renovated 2008
Tenancy Multi
Listing Agency: Advise Realty Services
Listed By: Vincenzo Valentino · License #REB.0794313
Source: Exprealty
Added: Oct 7 Changed: Oct 16 Last Checked: Oct 16 at 2:07PM

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 Advise Realty Services

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Investment Insights

Based on property information with market context.

This mixed-use property at 863 Dixwell Ave combines two commercial spaces with four apartments: two 1-bedroom units and two 2-bedroom units. The commercial spaces are occupied, while one 1-bedroom apartment is vacant. The property has off-street parking and separate utilities. Mechanical work includes newer furnaces and HVAC components; per the owner, renovations to Hamden specifications were completed in 2008, and the building has 90-minute fire-rated doors.

The property is in Hamden’s Enterprise Zone. Facade and other incentive programs may be available to qualifying owners or businesses; eligibility and financial information should be verified.

Key Highlights

  • 6 units: 2 commercial spaces and 4 residential apartments
  • Apartment mix includes 2- 1BRs and 2- 2BRs; 1BR is vacant
  • Commercial spaces are currently occupied

Property Analytics

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Current Use

Jojo Deli Food Market Sammy’s Smoke Shop ... Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Accounting Firm Electrical Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 06514, CT

26,613
Population
11,388
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
11.1 sq mi
ZIP Area
2,398
Density / Sq Mi
$85,227
Median Household Income
$46,594
Median Earnings
$1,633
Median Rent
$250,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial spaces and four apartments share separate utilities and off-street parking.
Where is this mixed-use property located?
The property is located at 863 Dixwell Ave Hamden, CT.
What is the lease rate?
The lease rate is $999,000.
What are key features of this property?
This property features: 6 units: 2 commercial spaces and 4 residential apartments; Apartment mix includes 2- 1BRs and 2- 2BRs; 1BR is vacant; Commercial spaces are currently occupied
More about this property
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