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    FOR SALE
    Showrooms

    181 Clifton St, New Haven, CT 06513

    34,382 SF 1.8 ac lot Built 1958
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US15-1067675
    Property summary
    AI-generated overview

    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
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1958
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 34,382 SF
    Lot 1.8 ac (78,408 SF)
    Zoning code RM1
    APN NHVN M:096 B:1024 L:00400
    UPID US15-1067675
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • RegalCare at New Haven Rehabilitation Center
    • Dorothy Washington Physician
    • New Haven Center For Nursing & Rehabilitation Nursing Home
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.06M
    Blend (final) Blend
    $1.81M
    Owner & transaction history
    New Haven Propco LLC · 4 yrs held
    New Haven Propco LLC
    since 2021
    7 recorded transactions
    2021
    2019
    2014
    2013
    $1.8M
    2006
    $3.8M
    1999
    $3.0M
    1992
    $11.2M
    Zoning & alternative use
    RM1 · New Haven, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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