114 Boston Post Rd West Haven, CT 06516
- Office Properties & Spaces
- 91,660 SF
- 6.30 lot acres
Current Use by Public Records
- Joshua S. Bullock, PHD / Psychologist
- Carol C. Hendricks, PHD / Doctor / Professional Services
- Tom's Electrical / Electrician
- Gold AC & Heating Services / Hvac Contractor
- The Lighting Quotient / Lighting Store / Landscape Lighting Designer
Property Details for 114 Boston Post Rd
- Year built
- 1920
- Lot size
- 6.30 lot acres
- Property size
- 91,660 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional commercial property at 114 Boston Post Road in West Haven, Connecticut, presents a rare investment opportunity. The 91,660-square-foot building sits on a 6.3-acre lot and boasts a prime location just across the New Haven city line, offering convenient access to I-95 and major institutions including Yale University, the University of New Haven, and Yale New Haven Hospital. Currently housing four tenants—the Veteran's Administration, University of New Haven, Verizon, and The Lighting Quotient—this multi-tenant property generates a net income exceeding $500,000 annually. Further income potential exists through a cell tower lease. The 1920-built brick building features desirable amenities such as 14-foot ceilings, hardwood flooring, and central heating and air conditioning. Ample parking is provided with 242 spaces, including those in an adjacent lot. The property is zoned IPD and offers a blend of professional office space, warehouse, and assembly areas. This is a substantial investment opportunity in a high-demand location with strong existing tenancy and significant upside potential. The asking price is $5,999,000, reflecting a price per square foot of $65.45. The property's convenient location on a bus line and its proximity to major universities and hospitals make it an attractive proposition for a wide range of businesses and investors.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9552
- Latitude
- 41.2956