506 Whitfield St, Guilford, CT 06437
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.