2365 Whitney Ave Hamden, CT 06518-3206
- Retail properties
- 3,436 SF
- 0.18 lot acres
Current Use by Public Records
- Brown Stone House Restaurant / Breakfast Restaurant
Property Details for 2365 Whitney Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.18 lot acres
- Property size
- 3,436 SF
- Zone code
- T5
- Property type
- Retail properties
- APN
- HAMD M:2730 B:016 L:00-0000
- APU
- HAMDM2730B016L000000
Description
This exceptional business opportunity presents a thriving diner located at the highly visible corner of Dixwell and Whitney Avenues in Hamden, Connecticut. Situated just minutes from the Merritt Parkway and the vibrant downtown New Haven area, this location benefits from significant foot and vehicle traffic. The property itself sits on a 0.18-acre lot, providing ample space for the existing diner operation. The current owner has established a strong and profitable business, boasting a Net Operating Income (NOI) of $166,000. This impressive NOI demonstrates the consistent revenue generation potential of this established enterprise. This is a truly turnkey operation, meaning a new owner can step in and immediately begin generating income. All necessary equipment and infrastructure are in place, allowing for a seamless transition. The asking price for this exceptional opportunity is $195,000. This represents a significant return on investment given the current NOI and prime location. Serious inquiries only. Financial statements are available upon request for qualified buyers. Don't miss this chance to own a profitable and established business in a desirable location. This is a rare opportunity to acquire a well-established and successful diner with a proven track record of profitability.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $455,000
- AI Estimate
- $386,000
Market price range: $218k - $499kMarket price range: $161k - $410k
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Location Insight
- Map
- Local Demand
- City
- Hamden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9015
- Latitude
- 41.3836
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA