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    458 Grand Ave New Haven, CT 06513

    Sponsored
    For Lease
    $15 SF/Yr ($3,034 /Mo)

    New Haven, CT: Versatile Office & Industrial Space

    Lot size:
    2,349 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional New Haven, CT property at 458 Grand Avenue offers a unique blend of office, flex, and warehouse space, ideal for a variety of businesses. The two-story building, constructed in 1900 and recently remodeled, boasts a total of 2,349 square feet, with 355 square feet currently vacant. Situated on a one-acre lot with 216 feet of frontage, the property provides ample space and visibility. The building features a convenient elevator, common bathrooms, and separately metered units with new HVAC systems and carpeting. Parking is readily available with 64 spaces. The property is zoned IH (Industrial/Highway) in New Haven County, Connecticut, zip code 06513. Electrical service is 60 amps. The building is multi-tenant. A common area fee of $35 per unit is added to the monthly rent. This meticulously renovated building, once a powerhouse on the Mill River, presents a rare opportunity to secure prime commercial space in a desirable location. The available space is perfect for businesses seeking a blend of modern amenities and historical charm. Don't miss this chance to establish your business in this revitalized property.

    Property Features for 458 Grand Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,349 SF
    Total Rate
    3034.13

    Building Details

    Year Built
    1900
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 203
    Size
    355 SF
    Rate per SF
    $15

    HighLights

    • Historic Powerhouse Building Conversion
    • Fully renovated with new roof, mechanical systems, and parking lot.
    • Prime location in New Haven's Mill River District
    • Office suites available from 355 square feet.
    • 3,000 square foot warehouse space with drive‑in access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ashley & Co Business Management Consultant Blue Delta Energy, ... Financial Consultant Above Average LLC Transportation Service Precision Brow and Body ... Spa Oksana Launer Social Worker

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9054169
    Latitude
    41.3076573

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    FAQs

    What type of property is this?
    Distribution property - New Haven, CT: Versatile Office & Industrial Space
    Where is this distribution property located?
    The property is located at 458 Grand Ave New Haven, CT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Historic Powerhouse Building Conversion; Fully renovated with new roof, mechanical systems, and parking lot.; Prime location in New Haven's Mill River District
    Request Owner's contact information
    458 Grand Ave New Haven, CT 06513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    458 Grand Ave New Haven, CT 06513
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