Technical
Financial
Distress signals
Property profile

96 Elm St West Haven, CT 06516

OFF-MARKET
Showrooms
Property ID
US15-0491932
7,930 SF 0.46 ac lot Built 1900
Entity Owned ~ Est. High Equity
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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

Location

96 Elm St West Haven, CT 06516-3876
West Haven metro Census 154500 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$566k
Blend (final) Blend
$290k

Owner & transaction history

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
Zoning description

NB Neighborhood Business RB Regional Business CBD Central Business District SCR Shoreline Commercial Retail VDO Village District Overlay INDUSTRIAL DISTRICTS LM Light Manufacturing IPD Industrial Development DESIGN DISTR…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.2M +49.9%
Office building $855,000 +10.7%
Apartment house (5+ units) $855,000 +10.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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