2340 Whitney Avenue Hamden, CT $ 1,650,000
2340 Whitney Avenue
$ 1,650,000
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2340 Whitney Avenue

Hamden, CT, 06518
$ 1,650,000
Baths0.0 Sq 11,520

Monthly Estimate*

$ 11,526

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Studio

Commercial Property for sale in Hamden, CT

for $1,650,000. This 11,520 square foot building was built in 1940 on a lot size of 0.36.

Explore lucrative opportunities with this meticulously maintained 2-story commercial building, strategically positioned to captivate investors. Boasting T5 Zoning, the property allows for the potential development of a distinguished 7-story mixed-use building. The location's prominence is accentuated by heavy traffic flow, ensuring visibility and accessibility for businesses. Nestled in proximity to key civic amenities, including the Town Hall, Police Department, Fire Department, and immediate access to Highway RT15, this property offers an advantageous and sought-after locale for enterprises. Furthermore, its adjacency to prestigious institutions such as Yale University, Yale Hospital, UNH, and SCSU enhances its appeal and opens avenues for diverse business ventures. Investors can envision a range of possibilities given the dynamic surroundings. For added convenience, detailed floor plans for 7 apartments on the second floor, along with an additional parking space map, are provided. This thoughtful planning enhances the property's versatility and underscores its potential for residential and commercial coexistence. This is a rare opportunity for investors seeking a property that combines strategic location, zoning flexibility, and a well-conceived layout. Take the next step towards securing a foothold in the thriving Hamden market. **Price includes back parking lot ($400,000) Can be sold separately. Can also be purchased with MLS#170625598(2348 Whitney Ave).

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Commercial Active

Price

$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.36

Year Built

1940

Town/City

Hamden

MLS | Web ID

170625600

Features
General
Zoning T5
Year Built 1940
Neighborhood N/A
Heater Type Gas on Gas
County New Haven
Present Use Retail Office
Tax Year July 2023-June 2024
Location Downtown Strip Mall
Net Operating Income 122063
Property Type Commercial For Sale
Status Active
Acres 0.36
Directions GPS Friendly
City Hamden
Street Name Whitney
Sq Ft Total 11520
DOM 64
Video Tour Y/N 0
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Interior
Cooling System Ceiling Fans Wall Unit Window Unit
Utilities Available Electric Gas
Total Number of Units 6
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Exterior
Water Source Public Water Connected
Garage Parking Parking Lot
Lot Description Level Lot
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Internal Only
Street Number 1 2340
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* Excluded Features
List By
Brian Christy

Listing Agent

William Raveis Real Estate

Broker

Brian.Christy@raveis.com

Email

Affordability Calculator

$11,526
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,526
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,650,000 -13.16% Price Down
2/20/2024$1,900,000 Listed Price

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2340 Whitney Avenue, Hamden, CT, 06518 is a Commercial Property for sale at $1,650,000 with 11,520 sqft and a lot size of 0.36. 2340 Whitney Avenue is a studio with 0.0 baths and was built in 1940. The property's zip code is 06518 which is in Hamden, CT