20 Circular Ave Hamden, CT 06514-4001
- Banks
- 6,124 SF
- 0.85 lot acres
Current Use by Public Records
- Banks
Property Details for 20 Circular Ave
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.85 lot acres
- Property size
- 6,124 SF
- Zone code
- T5
- Property type
- Banks
- APN
- HAMD M:2225 B:602 L:00-0000
- APU
- HAMDM2225B602L000000
Description
This exceptional investment opportunity presents a vacant, two-story retail building totaling 6,124 square feet situated on a 0.85-acre lot in Hamden, Connecticut. The property, located at 20 Circular Ave, is zoned T5 and boasts a prime location at a five-way intersection experiencing high daily traffic volume of approximately 30,000 cars. Previously occupied by Webster Bank, this freestanding building offers ample parking for customers and employees. The asking price is $650,000, translating to $106.14 per square foot. The building consists of one unit across one building and is currently vacant, presenting a blank canvas for a variety of retail or office uses. Its strategic location and substantial size make it an ideal owner-user opportunity or a strong candidate for lease. The property's history as a bank suggests a solid foundation and potential for various financial or professional services businesses. The substantial lot size provides flexibility for future expansion or outdoor amenities. This is a rare chance to acquire a well-positioned commercial property in a thriving Connecticut market. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9346
- Latitude
- 41.347
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
