408 Forest Rd West Haven, CT 06516

Property Details for 408 Forest Rd

Year built

1979

Construction

FRAME

Lot size

1.60 lot acres

Property size

3,090 SF

Zone code

NB

Property type

Showrooms

APN

WHAV M:0068 B:0102 L:0000

APU

WHAVM0068B0102L0000

Description

This exceptional 3,677-square-foot retail property in West Haven, Connecticut, presents a unique investment opportunity. Situated on a 1.6-acre lot with ample parking (20 spaces), this single-tenant building is zoned NB (Neighborhood Business) in New Haven County (zip code 06516). The property is currently vacant and offers flexibility for lease or ground lease options. Businesses can utilize the existing structure or explore a build-to-suit development. The location benefits from high daytime traffic due to its proximity to major retailers such as George Hart Nissan, Sixt, and Dunkin' Donuts. West Haven's demographics showcase a strong commercial trade area with growth potential, featuring a youthful median age and stable income levels. The property's zoning allows for significant development potential. By right, a new building could occupy 60% of the lot, reaching up to 4.6 stories in a mixed-use configuration. The first floor would be designated for retail or office space, while upper floors could be residential. Maximum floor size is 42,402 square feet, based on the 60% lot coverage. Mixed-use developments must include a minimum of 2,500 square feet of commercial space per residential bedroom. The University of New Haven is conveniently located within one mile, further enhancing the property's appeal.

Location Insight

City

West Haven

County

New Haven

State

Connecticut

Longitude

-72.9655

Latitude

41.3042

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments