2348 Whitney AveHamden, CT 06518

Property Details for 2348 Whitney Ave

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.99 AC

Property size (Sq ft)

11,800 SF

Property type

Showrooms

APN

HAMD M:2630 B:016 L:01

APU

HAMDM2630B016L01

Description

This exceptional two-story office building, constructed in 1940, offers a prime opportunity in the heart of Hamden. Located at 2348 Whitney Avenue, at the corner of Dixwell Avenue, this property boasts high traffic and excellent street frontage, ensuring maximum visibility for your business. The building totals 11,800 square feet and currently features multiple tenants. Currently, there are two available office spaces: one 850 square foot unit (#3) for $1250 per month plus utilities, and a 425 square foot unit (#8) for $700 per month plus utilities. Both units are located on the second floor and benefit from abundant natural light. The building is zoned T5 and situated in New Haven County. Ample rear parking is available for tenants and clients. This location offers easy access to major transportation routes, including Route 15, and is conveniently close to Yale University, the University of New Haven, Southern Connecticut State University, and Yale Hospital. The building's 1,275 square feet of vacant space presents a unique opportunity for expansion or to accommodate new tenants. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $2,867,812

  6.5%

  $2,647,211

  7%

  $2,458,124

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,885,306

  Geo Method

  $3,885,306

• Alternative Use

  Use

  Valuation

  Residential

  $2,233,022

  Hospitality

  $2,045,436

  Educational

  $1,701,778

  Medical

  $1,760,305

  Retail

  $2,647,211

Location Insight

City

Hamden

County

New Haven

State

Connecticut

Latitude

41.383

Longitude

-72.9022

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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