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    Property profile & analytics
    OFF-MARKET Estimated value $1,840,000
    Office buildings

    530 Old Whitfield St, Guilford, CT 06437-3441

    14,754 SF 4.6 ac lot Built 1954
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US15-0430325
    Property summary
    AI-generated overview

    This exceptional 14,755 square foot commercial building presents a rare opportunity to own a premier waterfront property directly on Long Island Sound in the heart of Guilford, Connecticut. Boasting over 180-degree water views, this unique property offers enormous potential for a wide variety of uses. Currently configured as office/research space, it is ideally suited for corporate headquarters, a marine study school, marine sales and repair operations, a church, or conversion into residential condominiums. Its waterfront location allows for water-dependent uses as well. The 4.6-acre lot provides ample space for expansion or additional development. The property enjoys a highly convenient location, with easy access to train service, Yale University, and Bradley International Airport. It's also situated just 75 miles from New York City. This offering presents a compelling investment opportunity, and there is the possibility of acquiring the adjacent property at 506 Whitfield Street (MLS #24000296) to create a larger compound or small campus. The asking price for this remarkable waterfront asset is $9,750,000. This is a truly exceptional opportunity to acquire a significant piece of Guilford's waterfront real estate.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1954
    Construction FRAME
    Total area 14,754 SF
    Lot 4.6 ac (200,376 SF)
    Zoning code C-2
    APN GUIL M:29104
    UPID US15-0430325
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • LAM Therapeutics Corporate Office
    • Butterfly Network - Guilford Production Facility Factory
    • The Rothberg Institute Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.91M
    Blend (final) Blend
    $1.84M
    Owner & transaction history
    530 Whitfield Street LLC · 2 yrs held
    530 Whitfield Street LLC
    since 2023
    4 recorded transactions
    2023
    2023
    $4.9M
    2013
    $2.1M
    2002
    $2.6M
    Zoning & alternative use
    C-2 · Guilford, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.2M +15.5%
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