1460 Whalley AveNew Haven, CT 06515

Property Details for 1460 Whalley Ave

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.92 AC

Property size (Sq ft)

13,116 SF

Zone code

BA

Property type

Showrooms

APN

NHVN M:435 B:1197 L:01200

APU

NHVNM435B1197L01200

Description

This exceptional 1700-square-foot retail or restaurant space is ideally situated at 1460 Whalley Avenue in New Haven, Connecticut, zip code 06515. The property, built in 1967, is a two-story building offering a single-tenant occupancy. The entire 1700 square feet is currently vacant, presenting a unique opportunity for a business to establish its presence in a vibrant location. Ample parking is available, ensuring convenient access for customers and employees. The property's location in New Haven County provides excellent visibility and accessibility, making it an attractive option for a variety of commercial ventures. The building's layout is adaptable and can be customized to suit the specific needs of a prospective tenant. This is a chance to secure a well-positioned commercial space in a thriving Connecticut market. The property's address is 1460 Whalley Ave, New Haven, CT 06515. The coordinates are 41.3344029 latitude and -72.9771283 longitude. This single-tenant space offers significant potential for growth and expansion.

• CAP approach

  CAP return

  Valuation

  6%

  $3,187,646

  6.5%

  $2,942,442

  7%

  $2,732,268

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,318,616

  Geo Method

  $4,318,616

• Alternative Use

  Use

  Valuation

  Residential

  $2,482,060

  Hospitality

  $2,273,554

  Educational

  $1,891,570

  Medical

  $1,956,624

  Retail

  $2,942,442

Location Insight

City

New Haven

County

New Haven

State

Connecticut

Latitude

41.3344

Longitude

-72.9771

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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