Property profile

2348 Whitney Ave Hamden, CT 06518

FOR SALE
Showrooms
Property ID
US15-1159203
11,800 SF 0.99 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional two-story office building, constructed in 1940, offers a prime opportunity in the heart of Hamden. Located at 2348 Whitney Avenue, at the corner of Dixwell Avenue, this property boasts high traffic and excellent street frontage, ensuring maximum visibility for your business. The building totals 11,800 square feet and currently features multiple tenants. Currently, there are two available office spaces: one 850 square foot unit (#3) for $1250 per month plus utilities, and a 425 square foot unit (#8) for $700 per month plus utilities. Both units are located on the second floor and benefit from abundant natural light. The building is zoned T5 and situated in New Haven County. Ample rear parking is available for tenants and clients. This location offers easy access to major transportation routes, including Route 15, and is conveniently close to Yale University, the University of New Haven, Southern Connecticut State University, and Yale Hospital. The building's 1,275 square feet of vacant space presents a unique opportunity for expansion or to accommodate new tenants. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,800 SF
Lot 0.99 ac (43,124 SF)
APN HAMD M:2630 B:016 L:01
UPID US15-1159203

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Foster Care Service Social Service Agency
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Physician
  • Pharmacy

Location

2348 Whitney Ave Hamden, CT 06518
Hamden metro Census 166003 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.30M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Restaurant $1.7M +18.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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