For Sale
$650,000

20 Circular Ave Hamden, CT 06514

Vacant Bank, 6,124 SF, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a vacant, two-story retail building totaling 6,124 square feet situated on a 0.85-acre lot in Hamden, Connecticut. The property, located at 20 Circular Ave, is zoned T5 and boasts a prime location at a five-way intersection experiencing high daily traffic volume of approximately 30,000 cars. Previously occupied by Webster Bank, this freestanding building offers ample parking for customers and employees. The asking price is $650,000, translating to $106.14 per square foot. The building consists of one unit across one building and is currently vacant, presenting a blank canvas for a variety of retail or office uses. Its strategic location and substantial size make it an ideal owner-user opportunity or a strong candidate for lease. The property's history as a bank suggests a solid foundation and potential for various financial or professional services businesses. The substantial lot size provides flexibility for future expansion or outdoor amenities. This is a rare chance to acquire a well-positioned commercial property in a thriving Connecticut market. Serious inquiries are encouraged.

Highlights

  • Vacant 6,124 SF two-story retail building on a 0.85-acre lot in Hamden, CT.
  • Located at a high-traffic five-way intersection (approx. 30,000 cars daily) on Circular Ave.
  • Zoned T5, with ample parking.
  • Asking price: $650,000 ($106.14/SF).
  • Suitable for owner-user or lease; ideal for retail or office use.

Property Details for 20 Circular Ave

Property type
Retail properties, Banks
Square Feet
6,124 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
37,026 SF
Units
1

Location Insight

City
Hamden
County
New Haven
State
Connecticut
Latitude
41.3468236
Longitude
-72.9343831

FAQs

What type of property is this?
Retail property - Vacant Bank, 6,124 SF, High Traffic
Where is the retail property located?
The property is located at 20 Circular Ave Hamden, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Vacant 6,124 SF two-story retail building on a 0.85-acre lot in Hamden, CT.; Located at a high-traffic five-way intersection (approx. 30,000 cars daily) on Circular Ave.; Zoned T5, with ample parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
20 Circular Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message