20 Scott St Hamden, CT 06514
- Office buildings
- 6,411 SF
- 0.40 lot acres
Current Use by Public Records
- Office buildings
Property Details for 20 Scott St
- Year built
- 1942
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.40 lot acres
- Property size
- 6,411 SF
- Zone code
- T4
- Property type
- Office buildings
- APN
- HAMD M:2226 B:027 L:00-0000
- APU
- HAMDM2226B027L000000
Description
This exceptional 6,411 square foot commercial property at 20 Scott Street, Hamden, CT, presents a fantastic opportunity for immediate occupancy. Currently configured as office space, the building's versatile layout offers immense potential for a variety of uses. Recent renovations have transformed the property, boasting fresh paint, new flooring, and mostly new windows, ensuring a modern and efficient workspace. The roof is also newer, minimizing future maintenance concerns. The building is currently owner-occupied, meaning there are no existing tenants or leases, providing immediate control and flexibility for the new owner. Ample parking is available with a small lot in front and a larger lot in the rear, accommodating 19 vehicles. This convenient location, situated just off Dixwell Avenue, provides easy access to a multitude of amenities and excellent visibility. The 0.4-acre lot offers potential for future expansion or outdoor amenities. The asking price for this move-in ready commercial space is $850,000. This is a rare opportunity to acquire a well-maintained, updated commercial building in a desirable Hamden location. Don't miss out on this chance to establish your business in a prime spot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $555,000
- 6.5%
- $640,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $610,000
- Mixed-Use
- $695,000
- Hospitality
- $685,000
- Educational
- $500,000
- Residential Income
- $495,000
- Energy
- $690,000
- Income-Based Land
- $630,000
- Food Service
- $510,000
Location Insight
- Map
- Local Demand
- City
- Hamden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9339
- Latitude
- 41.3484
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA