2175 Dixwell AveHamden, CT 06514

Property Details for 2175 Dixwell Ave

Year built

2002

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.64 AC

Property size (Sq ft)

10,720 SF

Zone code

T5

Property type

Showrooms

APN

HAMD M:2528 B:015 L:00-0000

APU

HAMDM2528B015L000000

Description

This exceptional 10,720-square-foot freestanding retail building is available for sale at $3,500,000. Located at 2175 Dixwell Avenue in Hamden, Connecticut (zip code 06514), this property boasts a prime location in a heavily trafficked area, ensuring high visibility for your business. The building is currently vacant, offering a blank canvas for a new tenant or owner-occupier. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. The suggested asking rent is $25 per square foot, plus utilities. Key features include ample and easily accessible parking, excellent visibility from the street, lighted access, and an existing drive-thru, making it ideal for a variety of retail uses. Its convenient proximity to the Merritt Parkway provides easy access for customers and employees. This is a rare opportunity to acquire a well-situated, substantial retail property in a thriving Connecticut market. The property is situated in New Haven County and offers significant potential for a strong return on investment. Don't miss this chance to own a piece of Hamden's commercial landscape. Contact us today to schedule a showing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,605,334

  6.5%

  $2,404,924

  7%

  $2,233,144

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,529,702

  Geo Method

  $3,529,702

• Alternative Use

  Use

  Valuation

  Residential

  $2,028,643

  Hospitality

  $1,858,226

  Educational

  $1,546,022

  Medical

  $1,599,193

  Retail

  $2,404,924

Location Insight

City

Hamden

County

New Haven

State

Connecticut

Latitude

41.3697

Longitude

-72.9178

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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