1242 Whitney AveHamden, CT 06517

Property Details for 1242 Whitney Ave

Year built

1900

Construction

FRAME

Lot size

0.18 AC

Property size (Sq ft)

5,058 SF

Zone code

T3.5

Property type

Other commercial real estate

Property subtype

Showrooms

APN

HAMD M:2228 B:254 L:00-0000

APU

HAMDM2228B254L000000

Description

This exceptional 2,400 square foot storefront, located at 1242 Whitney Avenue in Hamden, Connecticut, presents a remarkable opportunity for a variety of businesses. Situated in the Whitneyville submarket, this single-tenant space boasts a prime location on a busy street, between Whitneyville Food Center and Soup Girl, ensuring high visibility and substantial foot traffic. The property, built in 1900, offers an open floor plan with high ceilings, ideal for showcasing merchandise or creating a welcoming atmosphere. A convenient kitchen area and bathroom are included, along with the potential for additional storage space. Two off-street paved parking spaces are provided at the rear of the building, supplementing the ample street parking and nearby public lot. The total building size is 5,058 square feet, situated on a 1.8-acre lot. This property is ready for immediate occupancy and is perfect for retail, medical, office, or showroom uses. Its combination of prime location, spacious layout, convenient amenities, and ample parking makes it an attractive option for businesses seeking to establish or expand their presence in this thriving area. The zip code is 06517.

• CAP approach

  CAP return

  Valuation

  6%

  $1,229,271

  6.5%

  $1,134,711

  7%

  $1,053,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,665,413

  Geo Method

  $1,665,413

• Alternative Use

  Use

  Valuation

  Residential

  $957,171

  Hospitality

  $876,764

  Educational

  $729,457

  Medical

  $754,544

  Retail

  $1,134,711

Location Insight

City

Hamden

County

New Haven

State

Connecticut

Latitude

41.3464

Longitude

-72.913

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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