645 Foxon Rd East Haven, CT 06513-1951
This exceptional retail property, located at 645 Foxon Road in East Haven, Connecticut, presents a significant investment opportunity. The 14,855 square foot building sits on a substantial 1.54-acre lot, offering ample space and visibility. Constructed in 2008, the single-story structure boasts a large, open floor plan perfectly suited for a variety of retail uses. Its previous use as a pharmacy provides existing infrastructure beneficial for similar businesses. The property enjoys a highly visible and accessible location on Foxon Road, ensuring excellent exposure to potential customers. Ample on-site parking is available, enhancing convenience for shoppers and employees. The property's zoning designation is CD, and its proximity to major roads and highways provides easy access for both customers and employees. This prime location, combined with the building's size and features, makes it an ideal investment for discerning buyers seeking a substantial retail presence in a thriving market. The asking price is $2,500,000.
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Rite Aid Photo (Bike/Boat/Book/etc) Store
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Rite Aid Pharmacy
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higi Physician
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Joseph Kahrimanis Pharmacy
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Western Union Bank Credit Union
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/Ec…
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
CD · East Haven, CTCommercial, 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.