97 Washington AveNorth Haven, CT 06473
- Office buildings
- 18,814 SF
Property Details for 97 Washington Ave
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 0.94 AC
- Property size (Sq ft)
- 18,814 SF
- Zone code
- CA20
- Property type
- Office buildings
- APN
- NRHV M:073 L:004
- APU
- NRHVM073L004
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,525,250
- 6.5%
- $3,254,080
- 7%
- $3,021,640
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,458,240
- Geo Method
- $2,458,240
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $6,406,530
- Retail / Commercial
- $3,285,240
- Mixed-Use / Specialty
- $3,273,530
- Hospitality / Lodging
- $2,401,680
- Institutional / Educational
- $3,403,150
- Residential Income
- $3,981,680
- Multifamily
- $4,775,420
- Automotive / Energy
- $2,916,980
- Parking / Income-Based Land
- $1,006,620
- Restaurant / Food Service
- $1,702,590
- Healthcare / Senior Housing
- $3,356,940
Location Insight
- City
- North Haven
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.3946
- Longitude
- -72.8576
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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