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Property profile & analytics
OFF-MARKET
Office Spaces

114 Boston Post Rd West Haven, CT 06516

91,660 SF 6.3 ac lot Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1920
Total area 91,660 SF
Lot 6.3 ac (274,428 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Joshua S. Bullock, PHD Physician Medical Clinic
  • Carol C. Hendricks, PHD Physician
  • Tom's Electrical Electrical Service General Contractor
  • Gold AC & Heating Services HVAC Service General Contractor
  • The Lighting Quotient (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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