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Remodeled Mill River Office Space
For Lease
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458 Grand Ave, New Haven, CT 06513

Professional office units available in a completely remodeled building.

Space Size490 SF
Property Size2,349 SF
Days on Market1347

Property Features for 458 Grand Ave

General Information

Standard status Active
Size 490 SF
Total Parking Spaces 64
Property subtype Office, Industrial
Lease Type Full Service

Building Details

Building Size 2,349 SF
Year Built 1900
Tenancy Multiple

Spaces For Lease

at 458 Grand Ave Contact us

Suite 206

Size
490 SF
Type
Industrial, Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: The Proto Group
Listed By: Steve Patten · License #CT REB.0756643
Source: Crexi
Added: Dec 13, 2022 Changed: Aug 19 Last Checked: Aug 18 at 8:09PM

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 The Proto Group

Investment Insights

Based on property information with market context.

The former Powerhouse Building on the Mill River offers professional office spaces. The building has been completely remodeled and features separately metered units, new HVAC systems, and carpeting. An elevator and common bathrooms are available. Professional space units start from 355 square feet. There is a $35.00 per unit common fee in addition to the monthly rent.

Key Highlights

  • Completely remodeled former Powerhouse Building.
  • Separately metered units.
  • New HVAC.

Property Analytics

Current Use

Ashley & Co Business Management Consultant Blue Delta Energy, ... Financial Advisor Above Average LLC Freight Service Precision Brow and Body ... Spa & Massage Center Oksana Launer Foster Care Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Computer & Electronic Repair Pet Store Pet Store & Service

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

NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,208
Businesses Nearby

Demographics for 06513, CT

38,618
Population
17,006
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
7.2 sq mi
ZIP Area
5,364
Density / Sq Mi
$46,520
Median Household Income
$38,369
Median Earnings
$1,208
Median Rent
$226,600
Median Home Value

Market

Lease Benchmarks for New Haven, CT

$19.65 /SF/Yr
Avg Asking Price
$1.75–$54 /SF/Yr
Price Range
7,725 SF
Avg Space Size

This space is priced 21% below the average of $19.65 /SF/Yr.

Vacancy Rate% for Office in New Haven, CT

11.9% 2019
12.4% 2020
17.7% 2021
18.8% 2022
18.7% 2023
16.5% 2024
17.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office units available in a completely remodeled building.
Where is this office units located?
The property is located at 458 Grand Ave New Haven, CT.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Completely remodeled former Powerhouse Building.; Separately metered units.; New HVAC.
More about this property
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