This exceptional 6,950-square-foot retail property, situated at 2369 Dixwell Avenue in Hamden, Connecticut, presents a unique investment opportunity. Located on a 0.59-acre lot, this single-tenant building offers ample space for a variety of uses, particularly well-suited for healthcare businesses. Built in 1970, the property boasts a convenient location near the intersection of Dixwell Avenue and Skiff Street, placing it within Hamden's thriving retail corridor. The zoning designation is T5, offering flexibility for potential tenants. The building's total square footage is 6,950 square feet, providing substantial space for operations. This former Goodwill location offers excellent visibility and accessibility, making it an ideal spot for a business seeking a high-traffic area. Net charges are $6.50 per square foot. The property is located in New Haven County, Connecticut, with a zip code of 06514. This is a rare opportunity to acquire a well-positioned retail space in a desirable location. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the Hamden market. The property's history as a successful retail operation speaks to its potential for continued success.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,689,093
6.5%
$1,559,162
7%
$1,447,794
Comparable approach
Method
Valuation
Relative Method
$2,288,379
Geo Method
$2,288,379
Alternative Use
Use
Valuation
Residential
$1,315,212
Hospitality
$1,204,727
Educational
$1,002,319
Medical
$1,036,790
Retail
$1,559,162
Location Insight
City
Hamden
County
New Haven
State
Connecticut
Latitude
41.3747
Longitude
-72.915
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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