20 Scott StHamden, CT 06514

Property Details for 20 Scott St

Year built

1942

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.40 AC

Property size (Sq ft)

6,411 SF

Zone code

T4

Property type

Office properties

Property subtype

Office buildings

APN

HAMD M:2226 B:027 L:00-0000

APU

HAMDM2226B027L000000

Description

This exceptional 6,411 square foot commercial property at 20 Scott Street, Hamden, CT, presents a fantastic opportunity for immediate occupancy. Currently configured as office space, the building's versatile layout offers immense potential for a variety of uses. Recent renovations have transformed the property, boasting fresh paint, new flooring, and mostly new windows, ensuring a modern and efficient workspace. The roof is also newer, minimizing future maintenance concerns. The building is currently owner-occupied, meaning there are no existing tenants or leases, providing immediate control and flexibility for the new owner. Ample parking is available with a small lot in front and a larger lot in the rear, accommodating 19 vehicles. This convenient location, situated just off Dixwell Avenue, provides easy access to a multitude of amenities and excellent visibility. The 0.4-acre lot offers potential for future expansion or outdoor amenities. The asking price for this move-in ready commercial space is $850,000. This is a rare opportunity to acquire a well-maintained, updated commercial building in a desirable Hamden location. Don't miss out on this chance to establish your business in a prime spot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,059,930

  6.5%

  $978,397

  7%

  $908,511

• Comparable approach

  Method

  Valuation

  Relative Method

  $837,661

  Geo Method

  $837,661

• Alternative Use

  Use

  Valuation

  Residential

  $1,213,212

  Hospitality

  $1,111,296

  Educational

  $924,585

  Medical

  $956,383

  Retail

  $1,438,243

Location Insight

City

Hamden

County

New Haven

State

Connecticut

Latitude

41.3484

Longitude

-72.9339

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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