Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Rehabilitation Center
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Physician
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Nursing Home
Location
Value estimations
Owner & transaction history
Zoning & alternative use
These districts exist for the protection of areas that have been and are being developed predominantly for low-middle density dwellings of various types
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New Haven market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RM1 · New Haven, CTThese districts exist for the protection of areas that have been and are being developed predominantly for low-middle density dwellings of various types
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
These districts exist for the protection of areas that have been and are being developed predominantly for low-middle density dwellings of various types
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RM1 in New Haven, CT.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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