Current Use by Public Records
- Klee Properties / Property Management Company
- New Haven Business Center / Business Park
- crown bell management / Real Estate Agency
- Omola Studio / Theater & Performing Art Venue
- Vanessa Santiago / Foster Care Service / Social Service Agency
Property Details for 91 Shelton Ave
- Lot size
- 2.12 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional 130,000 square foot medical office building, situated on a 2.12-acre lot at 91 Shelton Avenue in New Haven, Connecticut (zip code 06511), presents a compelling redevelopment opportunity. Currently configured as a medical office space, the property offers significant potential for repurposing. Its strategic location adjacent to Science Park, a thriving research complex near Yale University's campus, makes it ideally suited for life sciences development. The building's rear entrance provides direct access to Science Park, enhancing its appeal to research-oriented businesses. An adjoining 2.77-acre parcel at 71 Shelton Avenue offers further expansion possibilities for life sciences ventures or complementary uses. The asking price for this substantial property is $11,600,000. Beyond life sciences, alternative uses such as self-storage or cannabis cultivation could also be explored, subject to all necessary approvals and zoning regulations. This property represents a rare chance to acquire a large-scale building in a rapidly growing area with diverse redevelopment potential. The property's size and location offer significant long-term investment value. Serious inquiries are encouraged.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9328
- Latitude
- 41.3248
