Technical
Financial
Distress signals
Property profile

2369 Dixwell Ave Hamden, CT 06514

OFF-MARKET
Retail properties & Spaces
Property ID
US15-0574747
6,950 SF 0.59 ac lot Built 1970
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6,950-square-foot retail property, situated at 2369 Dixwell Avenue in Hamden, Connecticut, presents a unique investment opportunity. Located on a 0.59-acre lot, this single-tenant building offers ample space for a variety of uses, particularly well-suited for healthcare businesses. Built in 1970, the property boasts a convenient location near the intersection of Dixwell Avenue and Skiff Street, placing it within Hamden's thriving retail corridor. The zoning designation is T5, offering flexibility for potential tenants. The building's total square footage is 6,950 square feet, providing substantial space for operations. This former Goodwill location offers excellent visibility and accessibility, making it an ideal spot for a business seeking a high-traffic area. Net charges are $6.50 per square foot. The property is located in New Haven County, Connecticut, with a zip code of 06514. This is a rare opportunity to acquire a well-positioned retail space in a desirable location. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the Hamden market. The property's history as a successful retail operation speaks to its potential for continued success.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,950 SF
Lot 0.59 ac (25,700 SF)
Zoning code T5
APN HAMD M:2528 B:005 L:00-0000
UPID US15-0574747

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

2369 Dixwell Ave Hamden, CT 06514-1808
Hamden metro Census 165801 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
$841k
Blend (final) Blend
$440k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2008
$1

Zoning & alternative use

T5 · Hamden, CT
Zoning description

ARTICLE III TRANSECT ZONES T1 - T5 AND SPECIAL DISTRICTS Section 300 PURPOSE The purpose of this section is to enable and encourage the implementation of the following poli- cies with the use of Transect Zones throughout…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Restaurant $1.0M +37.6%
Commercial (general) $855,000 +16.1%
Office building $750,000 +1.6%

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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