181 Clifton St, New Haven, CT 06513
- Showrooms
- 34,382 SF
- 1.80 lot acres
Current Use by Public Records
- RegalCare at New Haven / Rehabilitation Center
- Dorothy Washington / Physician
- New Haven Center For Nursing & Rehabilitation / Nursing Home
Property Details for 181 Clifton St
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.80 lot acres
- Zone code
- RM1
- Property type
- Showrooms
- APN
- NHVN M:096 B:1024 L:00400
- APU
- NHVNM096B1024L00400
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 2, 2021 | — | New Haven Propco LLC | 181 Clifton Street Realty | Warranty Deed | $31.2M · Key Bank NA |
| Aug 8, 2019 | — | 181 Clifton St Realty LLC | Clifton Senior Hldg LLC | Warranty Deed | $4.9M · Miscellaneous Fin & Mtg Co |
| Mar 31, 2014 | — | Clifton Senior Holdings | — | Grant Deed · related | $8M · Rockland Tr |
| Sep 12, 2013 | $1,790,061 | Clifton Senior Holdings | Health Care Reit INC | Warranty Deed | — |
| Nov 8, 2006 | $3,762,000 | Health Care Reit INC | Hres 2 Prop T | Warranty Deed | — |
| Aug 31, 1999 | $2,963,385 | Prop T Hres2 | Hrpt Prop T | Warranty Deed | — |
| May 12, 1992 | $11,165,791 | Health & Rehab Prop Tr | New Fairview INC | Warranty Deed | — |
| Jul 30, 1987 | — | New Fairview INC | — | Deed Of Trust · related | $6.2M · Meritor Svgs Bk |
Description
This exceptional three-story, 34,382-square-foot retail building at 181 Clifton Street in New Haven, Connecticut, presents a unique investment opportunity. Constructed in 1958 and zoned RS2, the property currently operates as a nursing and rehabilitation facility, complete with a full kitchen. The existing business will be relocating to a new facility, creating a potential sale-leaseback opportunity for the buyer until the new facility is completed. This allows for immediate income generation while providing flexibility for future development. The property's substantial size and existing infrastructure make it ideal for a variety of uses, including a non-profit rehabilitation center or adult care facility. The building's significant value is underscored by the estimated three to four times higher cost to construct a comparable facility today. This healthcare-accessible building offers numerous options for redevelopment or continued operation, making it a compelling investment in a desirable Connecticut location. The sale does not include the current business operations. The property is located in New Haven County, Connecticut, with a zip code of 06513.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,056,000
Market price range: $1.78M - $4.66M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.8788
- Latitude
- 41.3089
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
