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Property profile & analytics
OFF-MARKET Estimated value $810,000
Showrooms

96 Elm St West Haven, CT 06516-3876

7,930 SF 0.46 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US15-0491932
Property summary
AI-generated overview

This exceptional flex space at 96 Elm Street in West Haven, Connecticut offers 5,593 square feet across multiple units within a single building situated on a 0.46-acre lot. Built in 1900, the property is undergoing a complete renovation, including all new exterior and interior spaces, electrical and plumbing systems, handicap-accessible bathrooms, and updated storefronts. Three units are available for lease, offering various sizes and configurations to suit diverse business needs. Unit #1 (street-front, approximately 510 sq ft) is available for $2,500 per month plus utilities. Unit #2 (approximately 880 sq ft) and Unit #3 (approximately 855 sq ft), both located on the left side, are available for $4,000 and $3,285 per month plus utilities, respectively. Unit #3 can be combined with Unit #2 or Unit #4 (an 815 sq ft garage space available for $2,000 per month plus utilities) to create a larger space. The property boasts excellent visibility on Elm Street, convenient front and rear parking, and easy access to I-95. The property is zoned NB in New Haven County and features a total of 5,593 square feet. The renovation is being completed by the landlord, as evidenced by available permit sets. This is a prime opportunity for businesses seeking a renovated, versatile space in a convenient location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,930 SF
Lot 0.46 ac (20,073 SF)
Zoning code NB
APN WHAV M:0049 B:0204 L:0000
UPID US15-0491932
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$566k
Blend (final) Blend
$810k
Owner & transaction history
Vase Management LLC
Vase Management LLC
since 2025
Last sale
$935,000
7 recorded transactions
2025
$935,000
2023
Price N/A
2019
Price N/A
2019
$475,360
2015
Price N/A
2004
$500,000
1987
$425,000
Zoning & alternative use
NB · West Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +49.9%
Office building $855,000 +10.7%
Apartment house (5+ units) $855,000 +10.5%
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