Own A Full Block Front With Retail, Offices, Apartments And Parking In Downtown West Haven, Connecticut
519-567 Campbell Avenue, West Haven, CT
$4,750,000
Price
9.1%
Cap Rate
$434,082
NOI
Overview
Description
Own this prime downtown location in West Haven, close to Yale University and major transportation routes with the potential for double-digit (cash/cash) returns
Presenting the opportunity to acquire a downtown mixed-use assemblage consisting of retail, office, and residential units situated along 630 feet of wrap-around frontage, across the street from City Hall in downtown West Haven, CT
519-533 Campbell is a three- and partial one-story building with six ground-level stores and offices on the upper levels
535-567 Campbell is a one- and partial two-story building with eleven stores and four apartments. The stores all have basements, and tenants provide for most utilities.
Tenants enjoy onsite parking, easy street parking, and a busy downtown location with a surrounding customer base of local businesses and residential communities
Additionally, the entrance ramp to Interstate 95 South is located a three minute drive from the subject property
Highlights
- Retail, Office & Residential With Parking Lot
- Future Redevelopment Potential In A Downtown Opportunity Zone
- 630' Of Wrap-around Frontage On Three Streets
- Potential Double Digit Cash On Cash Returns
Documents
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Offering Memorandum
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