506 Whitfield St Guilford, CT 06437
- Commercial real estate
- 6,613 SF
- 0.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 506 Whitfield St
- Year built
- 1900
- Lot size
- 0.59 lot acres
- Property size
- 6,613 SF
- Property type
- Commercial real estate
Description
This exceptional 6,613 square foot commercial property at 506 Whitfield Street, Guilford, CT, presents a unique investment opportunity. Situated on a 0.59-acre waterfront lot, this building currently functions as office space but offers significant adaptability. Its prime location is perfectly suited for a high-end restaurant, marine-related businesses, or even residential condominium conversion. The sale includes portions of Lots 81, 82, and 100, although final lot lines are subject to approvals and are not yet finalized. A portion of these lots will be divided by the current owner. The property's versatility is further enhanced by its proximity to the Guilford village center, train station, Yale University, and Bradley International Airport, with New York City a convenient 75 miles away. This property offers unparalleled potential. Consider expanding your holdings by acquiring adjacent properties at 485 Whitfield Street (MLS# 24000783) and 530 Whitfield Street (MLS# 24000145) to create a larger compound or campus. The possibilities are truly limitless. This is a must-see property for discerning investors seeking a prime waterfront location with exceptional redevelopment potential. The asking price is $4,250,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Guilford
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.6664
- Latitude
- 41.2729