59 Amity RdNew Haven, CT 06515

Property Details for 59 Amity Rd

Year built

1947

Lot size

1.14 AC

Property size (Sq ft)

27,960 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional mixed-use investment opportunity presents a fully leased, 27,960 square foot property located at 59-61 Amity Place in New Haven, Connecticut. The building, constructed in 1947 and situated on a 1.14-acre lot, features a desirable mix of retail and office spaces, currently occupied by fifteen tenants. The property boasts a strong tenant roster, including a Goodwill store, and benefits from its prime location on a high-traffic road, Amity Road, directly across from a major Toyota dealership. Convenient access to Route 15 (0.2 miles) ensures excellent visibility and accessibility. The building is a two-story structure with updated features including newer heating and central air systems, and a roof still under warranty. Ample parking is available for tenants and customers. The asking price is $2,950,000, representing a compelling 7.28% return rate. The property is zoned BA and offers significant potential for long-term growth and income generation. This is a rare opportunity to acquire a stable, high-performing mixed-use asset in a thriving Connecticut market. The property's strong occupancy rate, desirable location, and recent upgrades make it an attractive investment for discerning buyers seeking a reliable and profitable addition to their portfolio.

Location Insight

City

New Haven

County

New Haven

State

Connecticut

Latitude

41.3267

Longitude

-72.9638

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