20 Circular AveHamden, CT 06514

  • Banks
  • 6,124 SF
For Sale
$650,000 View listing

Property Details for 20 Circular Ave

Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.85 AC
Property size (Sq ft)
6,124 SF
Zone code
T5
Property type
Banks
APN
HAMD M:2225 B:602 L:00-0000
APU
HAMDM2225B602L000000

Description

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.

Location Insight

City
Hamden
County
New Haven
State
Connecticut
Latitude
41.347
Longitude
-72.9346
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,792
$237,440
$486,080
$723,520
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