42 Michael St East Haven, CT 06513-1811
This exceptional East Haven, CT flex building presents a rare investment opportunity. Located at 42 Michael St, 06513, this 5,652 square foot property sits on a 0.23-acre lot and offers high visibility from Route 80, just one mile from I-91, Exit 8. The building, constructed in 1971 and zoned CB-2, features two units, each priced at $400,000, for a total asking price of $800,000 ($141.54/sq ft). The layout includes a spacious first floor ideal for retail or various uses, complemented by appealing, classic-designed second-floor offices. The property boasts one loading dock and one dock-high door, making it suitable for a variety of businesses. This is a unique chance to acquire a well-positioned, versatile commercial property in a desirable location. The building's convenient access to major roadways ensures excellent connectivity and accessibility for both employees and customers. Its prime location and adaptable space make it an attractive investment for both owner-occupiers and investors seeking a strong return. Don't miss this opportunity to own a piece of East Haven's thriving commercial landscape.
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Bardell Printing Corp (Bike/Boat/Book/etc) Store
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Record Nations Storage Facility
Commercial, CB-2 District CB-2 Commercial, CC District CC Commercial, CD District CD Light Industrial District 1 LI-1 Light Industrial District 2 LI-2 Light Industrial District 3 LI-3 Planned Elderly Facilities District PEFD Planned Elderly Assisted Living Facility PEALF Shoreline Development District #1 S-1 Shoreline Development Area SDA Planned Development…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CB-2 · East Haven, CTCommercial, CB-2 District CB-2 Commercial, CC District CC Commercial, CD District CD Light Industrial District 1 LI-1 Light Industrial District 2 LI-2 Light Industrial District 3 LI-3 Planned Elderly Facilities District PEFD Planned Elderly Assisted Living Facility PEALF Shoreline Development District #1 S-1 Shoreline Development Area SDA Planned Development District PD # Design Resident District DRA-1 Tech Park/Economic Development District TP/ED
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.