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Property profile & analytics
FOR LEASE
Office buildings

97 Washington Ave North Haven, CT 06473

18,814 SF 0.94 ac lot Built 1988
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US15-0512633
Property summary
AI-generated overview

This exceptional office building, located in North Haven's bustling business district at 97 Washington Avenue, offers four immediately available suites ranging from 1,012 to 4,789 contiguous square feet. Enjoy excellent visibility and ample on-site parking. The suites boast attractive features including walls of glass and flexible floor plans, perfect for adapting to various business needs. Leasing rates are $19.00 per square foot, plus janitorial services. All utilities are included, adding to the value and convenience. This prime location provides easy access to major roadways, including I-91 Exit 11, offering seamless commutes. The property is within walking distance of numerous amenities on Washington Avenue and Route 5. Furthermore, it benefits from high visibility and proximity to downtown New Haven (15 minutes away), Yale New Haven Hospital, Yale University, and Quinnipiac University. Medical use is permitted. This property presents a unique opportunity for businesses seeking a well-situated, versatile, and immediately available office space in a thriving Connecticut community. The building's central location offers unparalleled convenience and accessibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction STEEL FRAME
Total area 18,814 SF
Lot 0.94 ac (40,946 SF)
Zoning code CA20
APN NRHV M:073 L:004
UPID US15-0512633
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
  • Rosenberg Robert DDS Dental Office
  • Law Offices of Joseph E. DePaola Law Firm
  • Michael E Rizzo Law Office Law Firm
  • Electranet Electrical Service General Contractor
  • Paul Mitchell The School North Haven Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.35M
Blend (final) Blend
$2.64M
Owner & transaction history
97 Washington LLC · 21 yrs held
97 Washington LLC
since 2004
5 recorded transactions
2013
Price N/A
2005
Price N/A
2004
$2.1M
1989
Price N/A
1988
Price N/A
Zoning & alternative use
CA20 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source ADOPTED REGS 2-5-07.doc
Top alternative use upside
Restaurant $2.8M +23.0%
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