This exceptional 13,490-square-foot flex/warehouse building presents a remarkable investment opportunity. Situated on a nearly one-acre lot (0.99 acres) at the highly visible corner of Falls Avenue and Fletcher Avenue, this property boasts convenient access to US Highway 218. Built in 1918, the building offers a versatile layout ideal for a variety of uses. The space includes a lobby, office area, expansive sales floor, and substantial warehouse space equipped with floor drains and three convenient at-grade overhead doors. Ample parking is provided with 17 spaces available on-site. The property is zoned C-2, offering flexibility for diverse business operations. The building's location ensures excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving area. The property's parcel number is 891327201022, located in Black Hawk County. This single-tenant property offers a unique blend of retail, office, and industrial space, making it a truly versatile and desirable commercial asset. The property's size and features make it suitable for a wide range of businesses seeking a well-maintained and strategically located space.

Property type Office buildings

Use group OFFICE BUILDING

Year built 1845

Construction FRAME

Total area 3,578 SF

Lot 0.57 ac (24,829 SF)

Zoning code T3

APN HAMD M:2831 B:191 L:00-0000

UPID US15-0629113

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Real Estate Agency
Alternative Medicine Practice Spa & Massage Center
Loan Service
Law Firm

2795 Whitney Ave Hamden, CT 06518-2560

Hamden metro Census 166002 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$235k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$255k

since 2020

Last sale

$246,500

2 recorded transactions

2021

Price N/A

2020

$246,500

Zoning description

350.1 Specific to zones T2, T3, T3.5, M, TG, NC a. Density on a lot shall be determined by the actual parking provided within the lot as applied to the uses per- mitted in t able 6.1, as well as landscaping, open space,…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi

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Value Estimation
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