This exceptional New Haven, CT property at 458 Grand Avenue offers a unique blend of office, flex, and warehouse space, ideal for a variety of businesses. The two-story building, constructed in 1900 and recently remodeled, boasts a total of 2,349 square feet, with 355 square feet currently vacant. Situated on a one-acre lot with 216 feet of frontage, the property provides ample space and visibility. The building features a convenient elevator, common bathrooms, and separately metered units with new HVAC systems and carpeting. Parking is readily available with 64 spaces. The property is zoned IH (Industrial/Highway) in New Haven County, Connecticut, zip code 06513. Electrical service is 60 amps. The building is multi-tenant. A common area fee of $35 per unit is added to the monthly rent. This meticulously renovated building, once a powerhouse on the Mill River, presents a rare opportunity to secure prime commercial space in a desirable location. The available space is perfect for businesses seeking a blend of modern amenities and historical charm. Don't miss this chance to establish your business in this revitalized property.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$7,107,632
Hospitality
$6,510,552
Educational
$5,416,704
Medical
$5,602,992
Retail
$8,425,983
Location Insight
City
New Haven
County
New Haven
State
Connecticut
Latitude
41.3078
Longitude
-72.9054
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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