256 Seaside AveMilford, CT 06460

Property Details for 256 Seaside Ave

Year built

1930

Construction

FRAME

Lot size

0.42 AC

Property size (Sq ft)

2,962 SF

Zone code

R12.

Property type

Showrooms

APN

MILF M:44 B:432-A L:13

APU

MILFM44B432AL13

Description

This exceptional 2,500-square-foot medical office space is located at 256 Seaside Avenue in Milford, Connecticut, within New Haven County (zip code 06460). The single-tenant property sits on a 0.42-acre lot and is currently vacant. Previously used as a medical office, the space is grandfathered for medical and office uses, offering immediate occupancy potential. The landlord is open to delivering the space move-in ready, depending on the tenant's requirements. The ground-level location provides excellent functionality and convenience. Ample parking is available both in front of and behind the building, ensuring easy access for patients and staff. This prime location is perfect for medical practices or offices seeking relocation or expansion opportunities. The property's size and features make it an attractive option for a variety of healthcare or office-based businesses. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $719,869

  6.5%

  $664,495

  7%

  $617,031

• Comparable approach

  Method

  Valuation

  Relative Method

  $975,278

  Geo Method

  $975,278

• Alternative Use

  Use

  Valuation

  Residential

  $560,526

  Hospitality

  $513,439

  Educational

  $427,175

  Medical

  $441,866

  Retail

  $664,495

Location Insight

City

Milford

County

New Haven

State

Connecticut

Latitude

41.2154

Longitude

-73.0635

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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