70 Elm St West Haven, CT 06516-3810
This ±11,180 square foot single-tenant medical retail building is situated on a 1.2-acre lot in New Haven County. The property boasts a prime location, zoned NB (Neighborhood Business), permitting offices, medical offices, and retail uses. Conveniently located, it's not in a flood zone and benefits from a bus stop (Route 271) at the corner of Elm and First Streets. Its proximity to I-95 (Exit 43), Yale University, and the University of New Haven ensures high visibility and accessibility. The building features a drive-thru lane with canopy, a backup generator, and two backlit pylon signs for prominent branding. Ample parking is provided with 55 spaces, and convenient curb cuts are located on both Elm and First Streets. The building's HVAC system comprises three RTUs, supplemented by a gas-fired heater in the storage area. Recent improvements include a complete repainting in 2020. The property is adjacent to The Haven waterfront development site, offering significant future development potential. Annual property taxes are $72,745.36. This exceptional property presents a unique opportunity for a medical or retail business seeking a high-profile location with excellent amenities.
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higi Physician
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Rite Aid Pharmacy Pharmacy
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Rite Aid Photo (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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Amazon Hub Locker - Asar Courier Service Postal Service
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
NB · West Haven, CTWest Haven. Always verify with local authorities before improvements.
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.